JTF Mega Discount Warehouse has been saved from administration by the owners of Poundstretcher, and the Lincoln branch is gearing up for a “grand reopening” soon.
The national discount retailer was acquired by Bargain Buys, a subsidiary of Poundstretcher, after JTF was put into administration earlier this year.
The Greetwell Road store in Lincoln closed its doors in June, and notices in the window suggested that a licensing proposal had been submitted for entertainment and the sale of alcohol.
This led people to believe that JTF would be replaced by a cinema complex, but no proposals were submitted to City of Lincoln Council and Arthur Harris, ex-MD of the discount warehouse store denied any interest in converting the site.
Poundstretcher’s deal to buy the name of JTF Mega Discount Warehouse allowed for nine stores to reopen across the UK, including the Lincoln branch.
The store’s Facebook page is now advertising job vacancies ahead of a grand relaunch in Lincoln, which is scheduled to be “coming soon”, though it is unclear if the staff that initially lost their jobs have been offered roles back at the business.
Hundreds of pallets were delivered to the store to prepare for the reopening, which does not yet have a concrete date.
The Lincolnite welcomes your views. All comments are reactively-moderated and must obey the house rules. Please stay on topic and be respectful of other readers.
Local businesses often face a range of challenges, yet some family-owned firms in LIncolnshire have not only survived, but thrived for over a century.
These include the Lincoln-based Witham Group, a major lubricant manufacturer and paint supplier in the UK, and White & Sentance, a notable piano business in Sleaford. We spoke to both firms about the secret to longevity.
Carole Glover’s transformation into a Brahma Kumaris over 25 years ago marked a pivotal turn in her life, providing clarity on her previous life experiences.
The spiritual movement was founded in the 1930s by Dada Lekhraj Kripalani, a visionary Indian businessman, also known by the name of Prajapita Brahma Baba. He then passed it over to a trust administered by a group of women who have run it ever since. After experiencing a series of visions in 1936, he was inspired to create a school where the “principles and practices of a virtuous and meditative life could be taught.”