1,377 jobs go as Jessops shuts

Administrators are to close all of the failed camera chain Jessops' stores, with the loss of 1,377 jobs.

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Jessops employs around 2,000 people across UK

  • Founded in Leicester, where its headquarters are still located today, in 1935
  • Britain's only specialist nationwide camera retailer with 192 stores
  • Employs about 2,000 people
  • Underwent a major overhaul in 2007 with many stores closing
  • Almost collapsed in 2009 but was rescued by its main lender HSBC in a controversial deal that saw the bank taking 50% of the business in return for writing off their loans.

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