Tough Times Ahead at Jjb ; Losses Mount

Liverpool EchoMay 26, 2009

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Summary


SPORTS chain JJB has announced bottom-line losses of pounds 189.2m for the year to January 25. This compares with a pounds 10.8m profit in 2008.

Since then it has secured the support of landlords and creditors for a company voluntary agreement (CVA) allowing it to ease its rent burden.

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Extract


Tough Times Ahead at Jjb ; Losses Mount

The disposal of its fitness clubs business to Dave W...

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