All branches of UK photography retailer Jessops close today

Friday, January 11, 2013

All 187 store locations of Jessops camera retailer are closing in the United Kingdom today. The business, which went into administration earlier this week, is to leave its workforce of approximately 1370 jobless. While staff at the business' top office in Leicester, in central England, are not being made redundant with immediate effect, they are in the next few weeks to lose their positions.

PricewaterhouseCoopers (PwC), the firm declared administrator of Jessops two days ago, has said an examination of the company indicated it was no longer capable of operating successfully. "It is apparent that we cannot continue to trade", said joint administrator Rob Hunt of PwC, "and as a result we have had to make the difficult decision".

PwC say no Jessops branches will open tomorrow and people who have bought items from their businesses will not be able to return them. However, stock "will be returned to suppliers if they are entitled to it", according to Hunt.

Hunt said PwC "will continue to ensure that employees are paid as they assist us during the closure" at Jessops. In a comment to the BBC, Hunt described the situation at Jessops as "a horrible end to a very intensive couple of days".

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Sources

Phillip Inman. "Jessops shuts stores for last time with the loss of 1,370 jobs" — The Guardian, January 11, 2013
"Jessops camera stores to close with loss of 1,370 jobs" — BBC News Online, January 11, 2013

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Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.