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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Recent Comments

  • User AvatarLittle Jackie Paper 27th Feb - 9:09am
    Daniel Walker - 'That, broadly speaking, is the rule, we just do not enforce it here.' Sorry, what rule is it that we don't enforce?...
  • User AvatarJennie 27th Feb - 9:07am
    A snore.
  • User Avatartheakes 27th Feb - 9:04am
    Legacy not lagacy, sorry.
  • User Avatartheakes 27th Feb - 9:03am
    See we face another very difficult by election at Manchester Gorton, where the lagacy of Cleggie and his coalition caused us to lose 28% of...
  • User Avatarmatt 27th Feb - 8:22am
    @Catherine Jane Crosland "If an assessment does have to be carried out by someone the applicant does not know, then it is important to ensure...
  • User AvatarCatherine Jane Crosland 27th Feb - 7:56am
    Matt and Hywel, Yes, thinking it over in the light of what you have said, I can see that it is true that there could...