Jessops
 

Jessops the high street camera chain has gone into administration


[url]http://www.bbc.co.uk/news/business-20958659[/url]

Its a shame to see a big name go into administration, but this has been coming for a while I think. I enjoy my trips to Jessops to get my fix of camera 'porn' so it'll be a shame to see them go from the high street.
In fact I was in my local Jessops today spending a small fortune, but I guess its too little too late!!

And I'm really glad I didn't take the 3 year extended Jessops warranty!

Nowhere to go now for a hands on try before you buy

Nothing else near me except ffordes which is a 30 mile round trip

I have an independant shop about 10 miles away and they're ok. Knowledgable but quite a lot of the stock is second hand. I guess I'll be in there more in the future.

I feel for all the people that will lose their jobs.
I know it's tough for the High St to compete with the Internet, but I can't help but feel that Jessops haven't always been on the ball. So many times I've asked if they'd price match a web price, and so. Many times they said no. On the occasions they would price match I did buy from them, but they did lose a lot of business from me over the years. I'm sure others were the same.

The biggest problem Jessops faced was the same as Comet, Woolworths Blacks and others. Management who where only interested in what they could get out of it for themselves and not in the future of the company. In the case of Woolworths who were owned by Kingfisher, creative accounting suggested selling all the assets, the stores, and rent them back so improving the bottom line which enabled them to pay themselves bigger pay and bonuses. They then sold Woolworths off to another company who also took profit out and then sold it to another company. All this wheeler dealing resulted in Woolworths having a large debt mountain and when the recession hit it couldn't service this debt. Interesting that Comet was also owned by Kingfisher. Need I say more. :mad:

Apparently Canon tried to buy Jessops at one time. I just saw this morning on Canonrumours that Canon is planning to open their own stores world wide. I guess some locations may end up as Canon stores.

[QUOTE=donoreo;86359]Apparently Canon tried to buy Jessops at one time. I just saw this morning on Canonrumours that Canon is planning to open their own stores world wide. I guess some locations may end up as Canon stores.[/QUOTE]

When you think about it that makes some sense. And I guess Nikon would be close behind. Sounds like my ideal shop.

[QUOTE=Jediboy;86363]When you think about it that makes some sense. And I guess Nikon would be close behind. Sounds like my ideal shop.[/QUOTE]Canon makes more sense than Nikon, Canon has more product lines, but either could do it.

all jessops stores now closed with the loss of around 1400 jobs