[I'm] very sorry to hear that. My ex-husband and my son have spent a lot of money in Jessops over the years. So have I! But as others have said, online sales have brought a more reasonable price when people are strapped for cash.
– Linda Willis
It doesn't surprise me. My local Jessops is always empty and as a keen amateur photographer I noticed some of their equipment could easily be bought elsewhere sometimes at a third of the price ...
– Chris Ingall
In our small town, we have so many charity shops, banks, a 99p store, cash loan shops. [It's] pathetic really.
A representative from Jessops' administrators Price Waterhouse Cooper has released this statement:
Over the last few days the directors, funders and key suppliers have been in discussions as regards additional consensual financial support for the business. However these discussions have not been successful.
In light of these irreconcilable differences the directors decided to appoint
administrators and we were appointed earlier today.
Our most pressing task is to review the Company's financial position and hold discussions with its principal stakeholders to see if the business can be preserved.
Trading in the stores is hoped to continue today but is critically dependent on these ongoing discussions.
However, in the current economic climate it is inevitable that there will be store closures.
– Rob Hunt, joint administrator and partner, price waterhouse cooper