Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

JJB’s Biggest Landlord Supports Restructuring, Times Reports

March 20 (Bloomberg) -- JJB Sports Plc’s biggest landlord, Hammerson Plc, is supporting the retailer’s proposed company voluntary arrangement designed to keep it afloat, the Sunday Times said, citing an interview with a Hammerson executive.

JJB is seeking to close as many as 89 stores and halve rents to stay solvent, the newspaper said. Lawrence Hutchings, Hammerson’s managing director for retail, said the company was “comfortable” with JJB’s plans, according to the Times.

To contact the reporter on this story: David Altaner in London at daltaner@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge in London at Ckeatinge@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.