London riots: Scale of looting from JD Sports’ stores revealed

14:33 21 September 2011

Damaged goods outside the JD Sports store in the Tottenham Hale retail park, north London

Damaged goods outside the JD Sports store in the Tottenham Hale retail park, north London

Retailer JD Sports Fashion today revealed that £700,000 of stock was looted in last month’s riots while one of its London stores has yet to reopen after suffering fire damage.

A total of 16 stores were hit by the disorder, with six in London suffering “very significant thefts”.

Its losses would have been worse if not for the pre-emptive measures it took to stop looters gaining access to its stores, it said.

A JD store in Woolwich, south-east London, is still closed as fire damage is repaired but the rest of the stores were reopened by August 21.

Despite the effect of the riots and store closures, the chain said like-for-like sales excluding VAT increased by 1.6 per cent in seven weeks to September 17, underscoring its credentials as one of the top performing retailers.

However, it also revealed that underlying pre-tax profits declined 17 per cent to £16 million in the half year to July 30 as its margins were squeezed by the impact of faltering consumer confidence and the increase in VAT.

Related articles

Latest Stories

09:40
Karlton Burton and Javauntee Campbell will be sentenced at the Old Bailey today

The teenage boys who killed a market trader in Newham after a row over a stolen watch face lengthy jail terms when they are sentenced at the Old Bailey today.

Read more
The woman was taken to hospital after her fake charger exploded while she was on the phone (Picture: London Fire Brigade)

A fake iPhone charger exploded while a woman was on the phone, hospitalising a south London woman, as the fire brigade warns about buying dodgy electronics.

Read more
The men  dressed as Metropolitan Police officers to enter a house, handcuff the occupant and steal money (Photo by Graeme Robertson/Getty Images)

Two men dressed up as police officers to force their way inside a house in Wembley, handcuffing the occupant and stealing £800 from a fake search of the property.

Read more

TOP Stories

09:40
Karlton Burton and Javauntee Campbell will be sentenced at the Old Bailey today

The teenage boys who killed a market trader in Newham after a row over a stolen watch face lengthy jail terms when they are sentenced at the Old Bailey today.

The woman was taken to hospital after her fake charger exploded while she was on the phone (Picture: London Fire Brigade)

A fake iPhone charger exploded while a woman was on the phone, hospitalising a south London woman, as the fire brigade warns about buying dodgy electronics.

The men  dressed as Metropolitan Police officers to enter a house, handcuff the occupant and steal money (Photo by Graeme Robertson/Getty Images)

Two men dressed up as police officers to force their way inside a house in Wembley, handcuffing the occupant and stealing £800 from a fake search of the property.

Promotions

Advanced running and training technology for beginners up to elite athletes

If you’re thinking of adding running treadmill to your fitness routine, you’re on the right track! There are several advantages to running on a treadmill versus running outdoors.

Renault-Zoe

The Renault ZOE follows on from the introduction of the electric Fluence ZE and Twizy, but unlike the former, the ZOE was designed from the ground up as an electric vehicle.

When no simple way to find Real Ale was at hand, 4 Ale enthusiasts got together to allow anyone with a smart phone to find Real Ale no matter where they happened to be, this was the birth of the Perfect Pint app.

London Bloggers

Monday, September 1, 2014
Do you really need an explanation for that?! (Pic by Serena Marinelli)

If you’ve ever seen an Italian movie, you would probably know how important body language is in the culture.

Tuesday, August 26, 2014
Don't waste any of your harvest

If you are now inundated with ripe tomatoes, juicy green beans, berries and herbs, don’t leave them to go stringy or mouldy because the freezer can go a long way to making your crops last well into winter.

Friday, August 22, 2014
It turns out painting is the perfect thing to do in bars

I’m somewhat of a casual, lazy and very much amateur painter and after a busy day at work, the prospect of getting all my brushes, acrylics, water and other faff out is far from appealing.

Quizzes

Do you fancy yourself as a football ground know-it-all? Try our devilishly difficult quiz!

How well do you know your football stadiums? This brand new quiz from London24 will seperate the men from the boys...

Read more
Do you know your Thames truths from the porkie pies? (Photo by Mike Hewitt/Getty Images)

So, you live (or work) in London, and you think you know the river well.

Read more
Diego Costa of Chelsea exchanges words with Cesc Fabregas (Photo by Chris Brunskill/Getty Images)

Chelsea have made several personnel changes over the course of the summer as they look to mount a squad that can challenge for the title.

Read more