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Troubled High Street camera retailer Jessops has gone into administration, with PricewaterhouseCoopers (PwC) appointed as the administrator. In recent years, it has been hit by increasing competition from supermarkets and internet retailers. Jessops, which was founded in Leicester in 1935, has 192 stores in the UK and employs about 2,000 staff. The administrators said that it was "inevitable" that some stores would have to close. PwC said that while Jessops was a well-known brand with a strong reputation for service, its core marketplace had seen a significant decline in 2012, which was forecast to continue in 2013.....More: BBC News - Jessops camera chain in administration
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Re: Jessops camera chain in administration
I hope no one had gift vouchers for Christmas
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Re: Jessops camera chain in administration
Seems like many of the high end shops are in trouble, people don't want to pay the extra just to be seen with the carrier bags anymore.
Went into Jessops last year to look at a camera for a friends birthday, ended up buying exactly the same model from Argos 20% cheaper.Comment
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Re: Jessops camera chain in administration
i bought mine and Miss 5corpio bother cameras off the internet and saved £400
I got Miss 5corpio camera for £350 off the Net and Jessops was going to sell online/shop to her for £560
and mine was £360 and was in the shops for £550 at the time (just under 2 years ago this was)
Shame, for retail shops, but got to keep up with the times!! - especially when everyone wants a Bargain nowadaysI'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.
If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.Comment
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