JD Sports eyes job cuts at Derby distribution centre
It also saw organic sales growth of 9%, with a premium sports fashion organic sales growth of 10.9% and like-for-like sales growth of 3.8%
JD Sports has confirmed that it is considering the future of a number of jobs at its Derby distribution centre.
The 514,000-square-foot warehouse can be found on Derby Commercial Park, off Raynesway, and opened around three years ago.
A person familiar with the situation has stated that “no final decision” has been taken with regards to the site.
They also confirmed that this consultation will have “no impact” on JD Group’s distribution centre in Rochdale, Kingsway.
A JD Group spokesperson said: “We have entered into a period of consultation with colleagues based at our Derby distribution centre. This is in relation to a review of the Derby distribution centre. We are doing all we can to look after those colleagues impacted and recognise this may be an unsettling time for them.”
This sport comes as JD Sports saw its profit-before-tax fall 8% down to £912.4m for the year ended 27 January 2024.
Despite this, the company has still stated it saw “strategic progress in a challenging market”.
As a result, its revenue rose 2.7% from £1.13bn in the period last year up to £1.4bn this year.
It also saw organic sales growth of 9%, with a premium sports fashion organic sales growth of 10.9% and like-for-like sales growth of 3.8%.
