BOSTON’S JJB Sports store has closed after administrators KPMG were appointed to parent company JJB Group plc.
The administrators completed an agreement to sell part of the business to Sports Direct International, including 20 JJB stores, however, the Wide Bargate store was not among those transferred.
The store joins 133 others across the country to close and means eight out of the nine staff who worked at the store have lost their job along with 2,200 nationwide.
UK head of restructuring at KPMG Richard Fleming said: “Successive attempts to restructure the business, both financially and operationally, have not been enough to prevent the company falling into administration.
“Unfortunately, a buyer could only be found for 20 stores on a going concern basis.
“All staff made redundant as a result of store closures have had their arrears of wages and holiday entitlements paid in full.
“Our team of employment specialists will be supporting staff on completing redundancy forms and putting them in touch with job seeker services.
“We will now be reviewing what options are available for the remainder of the business, such as selling leasehold interests.”