JJB prepares for administration

[superfrank]

http://www.bbc.co.uk/news/business-19697949

Trading of shares in JJB Sports has been suspended as the struggling sports clothes and equipment retailer prepares to call in the administrators.

Bill Gates' charity is a shareholder...

http://www.jjbcorporate.co.uk/shareinformation.php

Shareholders having significant holdings in the Company are as follows:–

Invesco Asset Management Limited 47.3%
Harris Associates L.P 29.5%
Crystal Amber Fund Limited 7.1%
Bill & Melinda Gates Foundation Trust 5.0%
Dick's Sporting Goods, Inc. 3.1%

[luckystar]

will there be any retail industry left seeing how many of these high street shops are ending? I'm just surprised how the likes of Next keeps reaching new highs given the difficult trading conditions which many others are facing.