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Photo chain announces closure of all its stores

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A photography chain has announced the closure of all its stores, with the loss of 1,370 jobs.

Jessops called in administrators from Price Waterhouse Coopers on Wednesday, and revealed they could no longer honour returns or gift vouchers.

PwC announced last night that it was closing all 187 of the stores immediately.

The Jessops branch in Fishergate, Preston, had already closed in recent weeks.

Jessops is the first high-profile retail casualty of 2013, after suffering from online competition and a boom in camera phones in recent years, hitting demand for digital cameras.

It also had stores in Southport and Blackpool.

The administrators said further job losses are likely at the group’s head office in Leicester. Rob Hunt, joint administrator at PwC, said it was a “sad day for Jessops and its employees”. He added staff would continue to be paid during the wind-down.

 

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