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.
Administrators are to close all of the failed camera chain Jessops' stores, with the loss of 1,377 jobs.
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.
Some 2000 jobs have been put at risk as camera chain Jessops became the first retail casualty of 2013, with store closures "inevitable".
Jessops looks set to become the first high street casualty of 2013 as the retailer is understood to be on the brink of administration.