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Jessops cuts 1,370 jobs as it goes into administration

14 January 2013

The high street camera and photo retailer will cut 1,370 jobs as it goes into administration.

Jessops’ administrators, PricewaterhouseCoopers (PwC), announced on Friday that the camera shop will close its 187 remaining branches across the UK.

The announcement came after Jessops said it was entering administration, following a significant decline in turnover for 2012. Forecasts for 2013 indicated that this decline would continue. Jessops’ position deteriorated in the run up to Christmas, as a result of reducing confidence in UK retail.

Remaining stock will be returned to suppliers, if they are in entitled to it, but the retailer will no longer be able to accept returned products from customers.

Jessops is the first British retailer to go into administration in 2013. It follows the closure of a string of high street shops in 2012, including Comet, Clinton Cards, JJB Sports and Game.

Flexible Borer's FUSION Attendance Management System

If employees are asked to undertake different shifts or working patterns to the restructing of the company, then FUSION’s Time and Attendance System take this in their stride. Our FUSION Time and Attendance systems deal with all clocking matters, from simple collection of employees' clocking data, through to job costing and extensive labour hours analysis. Many working patterns – flexi-time, night shifts and overtime are easily created with the software.

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Access Control Systems using Power over Ethernet (PoE) Technology from Borer