Has JTF been shut down?

Based in Tuxford, Notts, it started out 40 years ago as a “one-man-band” selling watches out of a barber shop but a year later in 2021, it collapsed into administration with the closure of its 14 stores and the loss of around 500 jobs.

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.

Why is JTF closed?

Nottinghamshire-based JTF Mega Discount Warehouse collapsed earlier this summer when a deal to sell the business fell through.

Is JTF going into administration?

Tuxford-based JTF Mega Discount Warehouse collapsed into administration in July after a deal to sell the company fell through at the last minute. Tayub told BusinessLive: “We’re delighted to welcome JTF to our Poundstretcher family and to be working with the 200-or-so staff in the business.

How many JTF stores are there?

About us. Since opening our first store in 1979 we have gone from strength to strength and now have 8 value retail stores for customers across the country.

What is the Canadian version of Navy Seals?

Joint Task Force 2
Canada has its own version of the elite U.S. Navy SEAL Team 6 that is just as capable at counterterrorism, hostage rescue, and other sensitive missions. Known as Joint Task Force 2 and based near Ottawa, the unit keeps tight-lipped about its operations.

Why are JTF stores empty?

JTF Warehouse, which had a branch on Chesford Grange in Woolston, has shut all of its 12 outlets across the UK after entering administration. Around 500 jobs have been lost nationwide, with staff having been informed that they would be made redundant by email earlier this week.