Why is JTF closed?
Why is JTF closed?
The Preston, Sheffield and Warrington stores have permanently closed. Administrators at business advisory firm FRP said they were working with the pensions regulator and redundancy payments service to support the former JTF employees who were made redundant, and a specialist team was helping process claims.
Are JTF going bust?
The Joint administrators of the JTF Mega Discount Warehouse business have confirmed the three stores which will stay permanently closed.
Has JTF been bought out?
Nottinghamshire-baseed discount retailer JTF has been bought out of administration, saving 230 jobs. Tuxford-based JTF Mega Discount Warehouse collapsed into administration in July after a deal to sell the company fell through at the last minute.
Who owns JTF now?
Poundstretcher
Poundstretcher’s owners have bought JTF Mega Discount Warehouse from administrators. The stores have been acquired by Bargain Buys, a subsidiary of Poundstretcher, which launched a CVA rescue plan last year. The deal includes JTF’s brand and other assets, and could see nine stores reopened.
Has JTF Walsall closed down?
A home and garden store that opened at a cost of £1.5 million in the Black Country has closed its doors after five years.
What happened JTF warehouse?
JTF Mega Discount Warehouse has closed its stores, including one in Rotherham, having collapsed into administration. Established over 40 years ago, and with a recent turnover of circa £60m, JTF had been struggling to manage debts accrued as a result of the worsening retail climate and excessive head office costs.
Is JTF open to the public?
JTF Mega Discount Warehouse is once again open in Lincoln after being saved from administration. The popular discount retailer was bought by Poundstretcher subsidiary Bargain Buys, and opened its doors to the public yesterday.
What is poundstretcher called now?
In March 2008, United News Shops was sold to WHSmith. The Poundstretcher Group is now owned by Crown Crest Group, which is run by brothers Rashid & Aziz Tayub.
Does JTF sell fireworks?
Get yourself down to JTF Leeds and see our FANTASTIC range of Fireworks.
Who owns JTF Wholesale?
The company was acquired by current chairman Arthur Harris in January 2020, saving it from entering administration at the time.
Why has JTF Sheffield closed?
Is JTF still open in lockdown?
JTF Mega Discount Warehouse in Hucknall has closed its doors for good. It has been reported that the company ran into difficulties as a result of forced closure of stores during the Covid-19 lockdowns which wiped out fireworks and Christmas sales – two of its largest seasonal items.
Where is JTF mega discount warehouse Newcastle?
JTF Mega Discount Warehouse Newcastle is a store based in North Shields, England. JTF Mega Discount Warehouse Newcastle is located at Tyne Tunnel Trading Estate, unit S2, Second Avenue. You can find JTF Mega Discount Warehouse Newcastle opening hours, address, driving directions and map, phone numbers and photos.
What is jt f Australia?
Held annually in Newcastle, NSW, JT F Australia has become a must attend musical theatre event. The festival welcomes special industry and celebrity guests each year and since its inception in 2016, JTF Australia has grown from 250 people in attendance to over 1,000 attendees.
What happened to JTF in Preston?
The Preston, Sheffield and Warrington stores have permanently closed. Administrators at business advisory firm FRP said they were working with the pensions regulator and redundancy payments service to support the former JTF employees who were made redundant, and a specialist team was helping process claims.
Which JTF stores are advertising for staff?
Other JTF stores including Kidderminster, Leeds and Newcastle are advertising for staff on their separate Facebook pages. Positions available include duty manager, supervisor, cashier and shopfloor worker.
