Camera chain Jessops goes in to administration
4:11pm Wednesday 9th January 2013 in Latest News
JOBS at camera chain Jessops are under threat after the group collapsed into administration today.
PricewaterhouseCoopers (PwC) has been appointed to the group, which is Britain's only specialist nationwide camera retailer, with nearly 200 stores, and employs nearly 2,000.
The company has a store in Canal Walk.
It marks the first high-profile retail collapse of 2013 and comes soon after consumer electricals chain Comet hit the wall, sparking more than 6,000 job losses.
Jessops, which has its headquarters in Leicester, has suffered in recent years from online competition and the boom in camera phones, which has hit demand for digital cameras.