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.
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