Jobs lost as sports retailer goes into administration

First published in News

Struggling sports retailer JJB Sports has gone into administration, leaving about 2,200 employees redundant nationwide.

In Oxfordshire 16 workers at two shops – Magdalen Street, Oxford, and Castle Centre, Banbury – have lost their jobs.

Administrator KPMG has closed a total of 133 stores, and sold the remaining 20 to Sports Direct International.

David McCorquodale, of KPMG, said it had proved impossible to rescue a more substantial part of the business.

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