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 Avatarpeter tyzack 28th Jul - 9:00am
    I used to say to people that they could find our policy on the website.. until I tried for myself, what a nightmare! We used...
  • User AvatarSteve 28th Jul - 8:56am
    Sorry to labour the point, but the article is all about the fee RISE in 2012, e.g. "But it is the contention of this article...
  • User Avatarpeter tyzack 28th Jul - 8:48am
    you can get a decent T-shirt for a few quid at any supermarket, but if you really want to spend around ten times as much...
  • User AvatarPeter Watson 28th Jul - 8:01am
    @John Bland "At the start of 2014 there were an estimated 5.2 million businesses in the UK, Out of this number 99.3% were small firms...
  • User AvatarPaul Walter 28th Jul - 7:34am
    Indeed, Macolm. To help, here is the official list of the current paid members of the government: https://www.gov.uk/government/ministers In addition, there are the unpaid parliamentary...
  • User AvatarSara Scarlett 28th Jul - 6:11am
    This article has restored my faith in politics, somewhat! The LibDems love to say how bad/nasty/evil the Tories are without ever offering a viable alternative....