Thousands of jobs are currently under threat as JD-owned Go Outdoors prepares to call in administrators.
The camping and hiking specialist, which has branches in Clydebank and Coatbridge, announced today it had started the administration process.
The chain has been closed for three months now due to the coronavirus lockdown, which has had a profound effect on high streets across the country.
A statement reads: "The group can confirm that it has considered a number of strategic options for Go and that Go's directors have lodged the notice in court," bosses said.
"This notice creates an immediate moratorium around the company and its property, which lasts for 10 business days. During this moratorium, Go's creditors cannot take legal action or continue with any existing legal proceedings against the company without the court's permission.
“Administrators have not yet been appointed and the group will make no further comment at this time."
The chain currently employs around 2,400 people across the UK, selling outdoors and camping equipment.
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here