NOT Retail Deathwatch: 2,000 jobs saved at Jessops
Some heartening news for once, as one of the high street’s more troubled names seems to have turned around the sinking ship and is now, erm, rocketing out of the water and heading towards the moon and the stars like, er, like Lazarus or Neptune or um, Jessops?
For it is they, the UK’s biggest camera specialists, who have been able to negotiate a deal that will save 2,000 jobs and keep their rocking photography ship afloat for a while longer. It’s all thanks to the help of HSBC, who are writing off the company’s debts in exchange for almost half of the company.
But will it make any difference? The digital camera boom is over, more and more people are happy to use their mobile phones as cameras and shopping on the net is by and large cheaper, making Jessops a great place to go if you want to test a camera before purchasing it online.
Coming soon – Retail Deathwatch: Jessops? Aaaaaarrgggghhh!