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mr rusty
01-09-2013, 12:35 PM
I see jessops have gone into administration. Hardly surprising - they couldn't have made any margin on the hardware in such a competitive market and you have to sell a hell of a lot of add-ons to pay high street overheads. Doesn't affect us lot too much, but sad all the same.

Ian Grant
01-09-2013, 12:40 PM
Well they went bankrupt before and they became inflexible. The shame is they took over so many good stores and ruined them.

Ian

batwister
01-09-2013, 03:02 PM
I'm personally glad that less fools will be buying cameras on a Saturday shopping spree whim, letting their kids break them on Sunday, then returning them on Monday.

Jessops - the home of buyer's remorse.

thegman
01-09-2013, 04:26 PM
I think the main problem Jessops had is that they did not sell anything which Argos over the road did not. They just stocked the run of the mill stuff that you could pick up from anywhere. Maybe if they'd stocked Leica, Sigma, Ricoh, stuff which you couldn't just pick up anywhere, they'd have had a chance. And, god forbid, maybe they could have stocked film cameras, they'd be probably the only chain in the UK that did, and maybe that would have brought people in.

They'll complain it's the economy, but it's not, it's because they were bad at what they did.

Ian Grant
01-09-2013, 04:56 PM
They'll complain it's the economy, but it's not, it's because they were bad at what they did.

10 years ago Jessops were ready to float on the Stock Exchange, they'd bend over backwards to get anything you wanted, prices were competetive. However their chairman retired and bad management took them on the path to ruin. (I had dealings with the management and met the Chairman a few times outside of a Jessops context).

Ian

dreamingartemis
01-09-2013, 09:16 PM
10 years ago Jessops were ready to float on the Stock Exchange, they'd bend over backwards to get anything you wanted, prices were competetive. However their chairman retired and bad management took them on the path to ruin. (I had dealings with the management and met the Chairman a few times outside of a Jessops context).

Ian

Isn't that always the sad case? It takes a great leader ages to build something great but only a few short years for a bunch of MBA suited numbskulls to come and try to "revitalized" (cost cutting, outsourcing, and retrenchment) the business?

Sorry, I've seen it way too many times....great things brought down by a few young MBA certified people fresh from UNI who haven't built anything in their lives but only studied a few "business case studies" and think they know the industry in and out.

railwayman3
01-10-2013, 03:43 AM
Just realised that I have a pile of unused and prepaid(!) Jessops E6 processing mailers. B*m. :cry:

paul_c5x4
01-10-2013, 06:50 AM
Just realised that I have a pile of unused and prepaid(!) Jessops E6 processing mailers. B*m. :cry:

Stick them on ebay, someone will buy them...

As for Jessops, a street interview outside one of their stores pretty much summed up the attitude of the masses. "I've got an iPhone that takes amazing photos, I don't need to buy a camera."

Steve Roberts
01-10-2013, 08:05 AM
An economics 'expert' on Radio 2 last night referred to "only a few remaining geeks who buy cameras" (or something very similar, but he did use the word 'geeks'). I can't help wondering whether the options of serious digital photographers are or will be soon be squeezed in much the same way as we analogue types found ourselves ten years ago.
Steve

jm94
01-11-2013, 01:26 PM
They have now closed for good starting today...

Ken Nadvornick
01-11-2013, 01:47 PM
I can't help wondering whether the options of serious digital photographers are or will be soon be squeezed in much the same way as we analogue types found ourselves ten years ago.

Maybe six months ago, maybe longer, I saw an advertisement from Sony? I think it was Sony? Anyway, the thrust of the ad was 'if you are serious about your pictures, you need to make them using a serious camera.' As I recall, prominently dislayed were a range of point-and-shoot digital compacts of the fat credit card form factor.

I took it as a direct slap at the wireless smart-gadget-of-the-hour crowd. And an expression of worry.

And exquisite irony.

Ken

benjiboy
01-11-2013, 02:17 PM
On this evenings TV news they say that all Jessops stores are now closed.

steven_e007
01-11-2013, 03:32 PM
Well they went bankrupt before and they became inflexible. The shame is they took over so many good stores and ruined them.

Ian

Agreed - that is what angers me. They had a policy of buying up all of the competition about 5 to 10 years ago - and then closing them down in many cases. They were a very active force in stamping out analogue photography and pushing digital.

Sure... it was going that way anyway and we should not overstate their role in the inevitable, but I'm sure they did play a big part in eradicating so many of the little side street enthusiasts shops that sold second hand analogue cameras, film, chemicals and paper... some of whom just might have been able to hang on if left alone.

perkeleellinen
01-11-2013, 04:13 PM
We've all got good Jessops stories, I think, but they all happened a few decades ago.

I walked passed my local every week but couldn't bear to go in. Really boring stock, no bargain bins to rummage through and no interesting second hand stock. Remember the old days when Jessops had great window displays of exotic and unusual 2nd hand gear? I remember downstairs at the main Brum branch, full of enlargers, MF cameras and film in fridges. Always worth a root through the bargain bin.

http://www.bbc.co.uk/news/business-20992125

Ian Grant
01-11-2013, 04:24 PM
Agreed - that is what angers me. They had a policy of buying up all of the competition about 5 to 10 years ago - and then closing them down in many cases. They were a very active force in stamping out analogue photography and pushing digital.

Time flies, I think they'd largely bought all the good camera stores about 10-15 years ago.

They did force people to go digital and that backfired on them. I gave a talk last Monday to a Camera Club, they told me they were mostly armchair photographers, few even print their images.

Ian

ajuk
01-11-2013, 07:12 PM
I was surprised the stores closed so soon, what is likely to happen to all their stock?

paul_c5x4
01-11-2013, 08:07 PM
We've all got good Jessops stories, I think, but they all happened a few decades ago.

Purchased some FP4+ when they had a three for two offer on film last year - Three boxes of 5x4 delivered to their store worked out way cheaper than buying online. Was going to go in again tomorrow to see if the offer was still running...

AgX
01-11-2013, 09:07 PM
I was surprised the stores closed so soon, what is likely to happen to all their stock?

As typically when a retail business is physically closed by an administrator: brought together and sold in larger lots.
Or taken back by a crediting supplier.

A sell-out would mean to open stores again for some days. Would that be likely after closing them? I guess not.

Ian Grant
01-12-2013, 04:25 AM
As typically when a retail business is physically closed by an administrator: brought together and sold in larger lots.
Or taken back by a crediting supplier.

A sell-out would mean to open stores again for some days. Would that be likely after closing them? I guess not.

The problem was the company did getsold for 1 not that long afo and was supposedly restructured.

The BBC TV neews here in the UK said the closure was after discussions with their suppliers, they had lost total confidence in the company. The real shame is that there were some good people working in the stores and in most towns jessops was the only photographic shop.

Ian

Steve Smith
01-12-2013, 04:30 AM
An economics 'expert' on Radio 2 last night referred to "only a few remaining geeks who buy cameras"

And they're all here!!

Unfortunately, Jessops didn't sell our sort of cameras.


Steve.