Tag Archives: high streets

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 | Also tagged | 20 Comments
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  • User AvatarCassieB 1st Jul - 10:51pm
    Bill > As it is here is where we are one week on: When absolutely nothing has changed (i.e. we are still in the EU)...
  • User AvatarGlenn 1st Jul - 10:47pm
    Bill Le Bretton Exactly. The funniest thing about Osborne's inane utterances was that he could not tell anyone when his current austerity drive would end...
  • User AvatarMatthew Huntbach 1st Jul - 10:09pm
    @Jayne Mansfield Thanks. But to be honest, I really find it hard to get bothered these days. There just seems to be too much nonsense...
  • User AvatarJane 1st Jul - 10:04pm
    (In short, we’ll survive and probably thrive. I voted Remain but there are some clear advantages to leaving, not least that it might at long...
  • User AvatarChristine Mary Fitze 1st Jul - 10:01pm
    This is disgusting. People who voted leave should be ashamed of themselves
  • User AvatarRichard Underhill 1st Jul - 9:49pm
    Wales won - Belgium didn't.