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 Watson 3rd Dec - 11:44pm
    @David Pearce & @Johnmc "The other left parties ..." Tories and Lib Dems look pretty interchangeable as far as voters in Richmond Park are concerned....
  • User AvatarRichard Underhill 3rd Dec - 11:35pm
    David Steel is one of the signatories today of a letter to The Times on Lords reform. Previously he achieved legislation which included voluntary retirement...
  • User AvatarPeter Andrews 3rd Dec - 11:20pm
    To be fair to Trump the one China policy is a total nonsense, when the USA clearly supports Taiwan including militarily.
  • User AvatarJohnmc 3rd Dec - 11:02pm
    Indeed. It'd be liberal to give the beggar some cash, suggest they buy lunch and then leave them to make their own decisions, surely?
  • User AvatarJohnmc 3rd Dec - 10:59pm
    The other 'left' parties did contest Richmond Park - I think everyone's forgotten that this used to be a lib dem seat until 'nice' zac...
  • User AvatarJohnmc 3rd Dec - 10:58pm
    It's very likely that the scots parliament could derail brexit. The SNP are assiduous students of the constitution, and while others doze off they will...