Jessops Photo Store in trouble

8 replies
Found 12th Sep 2009
I thought I would upload the statement, so if customers should purchase goods from Jessops, it might be an idea to use a Credit Card as you will be covered "should" Jessops go into administration.

This statement is floating around from a reliable source, and is well-known in the photo trade that they are in deep trouble.


"Jessops might not survive the recession unless its bankers are prepared "to take a hit", former chairman and cheid executive Tim Brookes has warned.

The photo chain revealed that like for like sales were once again down, by 4.7% in the 12 weeks to August 16.

Jessops are borrowing around £ 60 million, and a book value of some £ 2million the bank had to realise the business could not service that level of debt and only a complete restructuring would solve the problem, with the bank, if necessary, taking a hit."

  1. Misc
  2. Photo
  1. Misc
  2. Photo

this is well old, they closed most of there shops last year

Original Poster


this is well old, they closed most of there shops last year

statement was released a few days ago regarding the sales upto 16th Aug 09.

i wasnt on about there sales memo, i meant them going under

Shame But Look At There Prices They Have Increased

Indeed. If Jessops priced competitively then perhaps they wouldn't be in a mess.

Awful service and high prices, its only expected.


Won't miss companies that are no longer competitive on prices i'm afraid. They are no longer a viable option.

It really is as if the people who work at Jessops have never heard of *the internet*...

They either need to be really helpful and knowledgeable or lower their prices.
For example whenever I'm in John Lewis and have a look around I never feel pressured and they are pretty nice and friendly. Whereas the PCWorld experience...
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