The retail store Go Outdoors is facing closure after the company entered a formal notice to put the 67 UK stores into administration.
The closure would put more than 2000 jobs across the UK at risk, including those at the retail chain's Edinburgh store in Granton.
The Daily Mirror reported today that JD Sports is "looking at a number of strategic options" for Go Outdoors for years after it bought the company.
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The company has filed in court to prevent creditors taking legal action for 10 days whilst they consider their options.
It is unknown how many jobs could be affected in Edinburgh, with three other stores across Scotland also likely to be affected.
The chain employs some 2,400 people across the UK.
A JD Sports spokesperson said: "The Group can confirm that it has considered a number of strategic options for Go and that Go's directors have lodged the Notice in Court.
"This Notice creates an immediate moratorium around the company and its property which lasts for ten business days.
"During this moratorium, Go's creditors cannot take legal action or continue with any existing legal proceedings against the company without the Court's permission."
Edinburgh Live has contacted the Scottish Government for comment.