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



Recent Comments

  • User Avatarjedibeeftrix 24th Oct - 1:28pm
    @ MT - "There are plenty of people who push market solutions and favour reduced regulation and state spending without believing or claiming that “politicians...
  • User AvatarSimon McGrath 24th Oct - 1:22pm
    @Matthew -thanks for your reply, which basically means " orange bookers havent said this but i though i would throw in a bit of random...
  • User Avatarjedibeeftrix 24th Oct - 1:21pm
    for "west" read "east" #typo (look how down with the kids i am!)
  • User Avatarjedibeeftrix 24th Oct - 1:21pm
    @ JT - "Although it must have been difficult on his bike carrying a bag of newspapers whilst dressed like Darth Vader." I have long...
  • User Avatarjedibeeftrix 24th Oct - 1:18pm
    @ Simon - "Like California might help out Arkansas in subsiding the Federal Government, right? One European Union, one common good. One wonderful Commission." Quite....
  • User AvatarJohn Critchley 24th Oct - 1:11pm
    We could take a look at VAT exemptions (zero rated) and cancel a lot of them. On foods retain the exemption for only basic fresh...