British discount department store chain TJ Hughes has been sold to its management in a private equity-backed deal.

Sports goods retailer JJB said it had experienced a sluggish start to the Christmas period and like-for-like sales for the 23 weeks to January 4 were down 3.5%

The boss of the UK’s biggest sportswear retailer JJB Sports has been found hanged just days before crucial results from the group, it emerged today.