Sports operator JJB Sports today said it was undertaking a review of its non-core assets with a view of a potential sale.
It said in a statement to the stock exchange that 'the company is undergoing a review of the potential sale of one or more of its non-core assets and businesses to maximise shareholder value'.
'Discussions are ongoing in this regard.There can be no certainty that any transaction will occur or as to the terms of any such transaction. A further announcement will be made when appropriate,' it said.
The retailer is struggling in the current market conditions and paid this month's quarter rent by cheque. It is thought to be seeking monthly rent payments.