Pound shop store scrap

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VALUE retailers are the latest names to be linked with taking on closed JJB stores.

B&M Bargains, 99p Stores and Home Bargains are all thought to have made offers, according to business insiders.

Wigan-based JJB went into administration at the start of the month with rival Sports Direct taking on 20 stores and the Martland Mill HQ in a £24m deal.

But the Robin Park outlet was one of 133 stores across the country not taken on in the pre-pack administration agreement.

It is understood that the discount retail rivals are now in a bidding war to take on the “best of the rest” of the JJB portfolio and will have submitted offers for the first round deadline that passed on Friday.

Other companies that have been linked with taking over some stores include Sports Direct, although their bid could be subject to approval from competition regulators, French retail giants Decathlon and Wren Kitchens.

Bidders have the chance to resurrect the JJB name as it has also emerged that Sports Direct did not take on naming rights, just their website domain and sportswear brands such as the Slazenger golf range.

Founder Dave Whelan’s DW Sports have also been linked with picking up some outlets although no offer has as yet been confirmed.

Chief executive Winston Higham,was noncommittal but told the Evening Post: “We are obviously interested in any sites which can strengthen and benefit our business and grow the DW brand.”