Retailers face difficulties competing with online prices

Louise Cooper, financial expert spoke to ITV Daybreak about the issues that specialist retailers face.

She said that retailer Jessops has suffered from the smart phone camera, and that an online offering could be a way for it to move ahead.

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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.