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All branches of UK photography retailer Jessops close today
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January 11, 2013
Original URL: http://en.wikinews.org/wiki/All_branches_of_UK_photography_retailer_Jessops_close_today



All 187 store locations of Jessops camera retailer are closing in the
United Kingdom today. The business, which went into administration
earlier this week, is to leave its workforce of approximately 1370
jobless. While staff at the business' top office in Leicester, in
central England, are not being made redundant with immediate effect,
they are in the next few weeks to lose their positions.

Pricewaterhouse Coopers (Pw C), the firm declared administrator of
Jessops two days ago, has said an examination of the company indicated
it was no longer capable of operating successfully. "It is apparent that
we cannot continue to trade", said joint administrator Rob Hunt of Pw C,
"and as a result we have had to make the difficult decision".

Pw C say no Jessops branches will open tomorrow and people who have
bought items from their businesses will not be able to return them.
However, stock "will be returned to suppliers if they are entitled to
it", according to Hunt.

Hunt said Pw C "will continue to ensure that employees are paid as they
assist us during the closure" at Jessops. In a comment to the BBC, Hunt
described the situation at Jessops as "a horrible end to a very
intensive couple of days".

== Sources == 
* http://www.guardian.co.uk/business/2013/jan/11/jessops-shuts-stores-1370-job-losses
* http://www.bbc.co.uk/news/business-20992125



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