Sad news: Jessops is to close its doors, leaving 1,370 employees out of a job. Just one day after Jessops went into administration, administrators PriceWaterhouseCoopers announced that all 187 stores would close.
Shops will begin shutting today. 1,370 jobs will go in stores, with more job losses to follow at the company's head office in Leicester. PWC blames a lack of support from suppliers, without which the chain cannot continue to trade, for the death of the 77-year-old company.
The Jessops website is still showing cameras and other products, complete with prices, but you can't buy them. You also can't return goods bought from Jessops. If you do have a problem with a camera or other kit bought from Jessops, try contacting the manufacturer; Nikon told me today that you can return faulty kit for free.
Nikon says it's working on completing outstanding repairs to kit being fixed under Jessops Photo+ extended warranty, and will contact affected customers directly.
The Jessops photo service is still available.
Jessops is the first high-street casualty of 2013, following a raft of closures last year. The biggest gadget shop to go under is Comet, which crashed to Earth leaving a £50m unpaid redundancy bill to be footed by the taxpayer.
Meanwhile, HMV has launched a major sale to raise fast cash as it too struggles to meet debt obligations. It seems unlikely that Jessops will hold a sale.
[Souce: CNET]