AROUND 140 jobs have been saved at TJ Hughes department store in High Street in Sheffield city centre after administrators found a buyer for the shop.
It will be taken over by Lewis’s Home Retail, along with branches in Liverpool, Eastbourne and Glasgow.
All employees will transfer to the company, administrators Ernst & Young said on Monday.
As well as a relief to staff, the announcement will be welcomed by civic leaders who did not want to see a landmark building, formerly a department store, fall vacant.
Lewis’s is the Liverpool-based retail arm of Benross, which supplies homewares, electrical goods, lighting, toys and leisure products across the UK.
TJ Hughes, also based in Liverpool, went into administration in June after losing £10m last year – putting 4,000 jobs at risk nationwide.
Joint administrator Tom Jack said: “We are delighted to have exchanged contracts on this deal, which saves 442 jobs and continues the TJ Hughes legacy in Liverpool, as well as in other locations across the UK.”
Ernst & Young said they continue to seek a sale of the company’s remaining business and assets as a going concern, while continuing with a closing down sale at all TJ Hughes stores.