The Administrator for the camera chain Jessops say he's had several inquiries from potential buyers but that shops will still close and jobs will be lost.
The company which has its headquarters in Leicester has suffered from online competition and advances in camera phones. Jane Hesketh reports.
Some 2000 jobs have been put at risk as camera chain Jessops became the first retail casualty of 2013, with store closures "inevitable".
Jessops looks set to become the first high street casualty of 2013 as the retailer is understood to be on the brink of administration.