{"id":24464,"date":"2009-02-11T13:28:00","date_gmt":"2009-02-11T13:28:00","guid":{"rendered":"http:\/\/amateurphotographer.co.uk\/uncategorized\/jessops-to-slash-jobs-as-17-stores-close-update-24464"},"modified":"2015-04-27T14:26:42","modified_gmt":"2015-04-27T13:26:42","slug":"jessops-to-slash-jobs-as-17-stores-close-update","status":"publish","type":"post","link":"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-to-slash-jobs-as-17-stores-close-update\/","title":{"rendered":"Jessops to slash jobs as 17 stores close (update)"},"content":{"rendered":"

Photographic retailer Jessops has confirmed plans to close 17 ‘loss-making’ stores throughout the UK and lay off staff.<\/p>\n

Details of the stores hit, and the number of staff affected, are scant but more news is expected to emerge later this afternoon.<\/p>\n

Chairman David Adams told Amateur Photographer<\/em> (AP): ‘We don’t underestimate the impact on those involved.’<\/p>\n

He told us that the shops to be closed account for just 3% of the group’s annual turnover.<\/p>\n

But Adams said he was not yet able to reveal more details, as he was in the middle of a meeting when we called at lunchtime today.<\/p>\n

A Jessops spokeswoman said the stores were loss-making outlets that were ‘not financially viable’.<\/p>\n

One of the stores is in Barrow, where five jobs will go, according to today’s North West Evening Mail<\/em> newspaper.<\/p>\n

Earlier today, we reported the recent closure of a Jessops in York<\/a>, also understood to have shut down because it was no longer financially viable.<\/p>\n

The spokeswoman was not able to confirm whether the York shop was one of the 17 announced today.<\/p>\n

In January, the chain reported a \u00a319.1m loss<\/a>, with like-for-like sales down 6.5% for the year to 30 September 2008. <\/p>\n

In an interview with AP<\/a>, published last month, Adams said Jessops does ‘not have a long tail of unprofitable stores’. He added: ‘I think a lot of people think that may be the case, but, it is not.’ <\/p>\n

NEWS UPDATE (11 Feb, 5pm) <\/strong>: Job loss total could reach 180<\/a><\/p>\n

RELATED ARTICLES:<\/p>\n

Jessops reports \u00a319.1m loss<\/a><\/p>\n

Jessops chairman interview with AP<\/a><\/p>\n

Jessops York store not viable<\/a><\/p>\n

Interview with chairman (Jan 09)<\/a><\/p>\n

History of Jessops<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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