Wed, 09 Jan 2013 | ADMINISTRATION
Photography retailer Jessops has entered administration, appointing PwC to handle the situation
Sources from Sky News confirmed that an application for administration was filed on the morning of Wednesday 9 January, making the company one of the first major high street casualties of 2013.
The business has experienced difficulties for some time now despite its long history as a successful retailer. It appears that the changes within the sector have now proved too much for the firm to keep up with.
It is thought that the shift to online trading and the increasing use of camera phones have proved particularly problematic for the business.
Jessops have said that it will not honour gift vouchers or accept returned goods. While the administrators have confirmed that around 2,00 jobs are at risk.
The company provides a variety of assessments and support packages to parents; these include formal observations, self management work, life skill lessons and access to external specialist services.
Established for over 20 years with a turnover of £3.7m, this company boasts a loyal client base and experienced team, making it an excellent opportunity for integration or market entry.
Established hotel with sustainable practices and renewable energy focus, located on a circa 1.5 acre site in the local region.
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