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14 JANUARY 2013

High Street camera store Jessops to close with loss of 1,370 jobs

"High Street camera retailer Jessops has shut all of its stores, resulting in the loss of about 1,370 jobs. Administrator PricewaterhouseCoopers (PwC), appointed this week, said the doors had been closed for the last time on all 187 stores in the UK. More jobs would be lost at the head office in Leicester, it added. Jessops became the first High Street casualty of 2013, after a raft of firms fell into administration in 2012, including Comet and Clinton Cards."

(BBC News, 11 January 2013)

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TAGS

193520122013bricks and mortarbusiness into administration • camera retailer • camera store • Clinton Cards • closureCometcompany liquidationeconomic recession • Frank Jessop • high streethigh street retailerhigh street shopsincreasing competitioninternet retailers • Jessops • job lossesLeicesterphysical presencephysical store • PricewaterhouseCoopers • PwC • retailershopstore closuressupermarkets • The Jessop Group Limited • tradingUK

CONTRIBUTOR

Simon Perkins
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