Author Archives: Mark Blackburn

Jessops – is administration a euphemism for obliteration?

Sadly, yesterday another retailer went into administration, this time Jessops, the high street camera chain. For the time being it continues to trade but the jobs of its 2000 employees in 200 stores are under threat. Surprisingly, Christmas can be a bad time for retailers – rents are due on Christmas Day and if the expected bumper sales don’t materialise, the money may not be there to pay them.

Obviously it’s not going to get any easier for ‘bricks and mortar’ store chains with the continuing increase in online sales, but there’s a more fundamental problem – apart from the massive …

Posted in Op-eds | Tagged and | 20 Comments
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  • User AvatarColin 26th Jan - 3:16am
    I've enjoyed much the discussion about the "moral hazard" about this election result in Greece, and how it is bad to reward 'profligacy'. Obviously such...
  • User AvatarAlex Sabine 26th Jan - 2:51am
    Paul in Wokingham: "Meanwhile Greece must surely be ground zero for cognitive dissonance today as the voters have returned a government committed to reconciling the...
  • User AvatarAndrew Suffield 26th Jan - 1:53am
    Before we get bogged down in debating whether or not this proposal is an illberal monstrosity, please keep in mind that this is procedural abuse....
  • User AvatarTsar Nicolas 26th Jan - 1:41am
    Alex Sabine, "As I see Joe Otten has pithily tweeted: “Confused – is Greece voting that it doesn’t like austerity or that someone should exist...
  • User AvatarPaul in Wokingham 26th Jan - 1:15am
    The election results are not even finalised and already David Cameron has tweeted that this "increases uncertainty" and shows that we "must stick to our...
  • User AvatarAlex Sabine 26th Jan - 12:39am
    @ tonyhill Thanks, I appreciate the kind words.