Shares in Wigan- based JJB Sports have been suspended as the retailer prepares to call in the administrators.
The supplier of sportswear and equipment has been struggling for some time.
The fate of its 4,000 employees and 180 stores across the country isn't yet clear.
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Stormy mixed week across the NW. More weather warnings for the start of the new week
Windy this week at times with heavy rain and turning much colder. Frost expected Wednesday and Thursday nights
Storm Clodagh is causing damage right across Greater Manchester with gusts of wind up to 75mph