Jessops

Jessops the camera and electronics retailer became insolvent in 2013 after Administrators PWC declared the company bankrupt. The company went into administration due to strong competition from other electronic shops serving more up to date and useful technology. In December 2013 entrepreneur Peter Jones bought out the company and invested £4,000,000 into refurbishing it.

Administrators: PWC
Year Founded: 1935
Total Number of Employees: 2,000
Total Number of Jobs Lost: 1,534
Number of Retail Shops: 192
Managing Director/CEO: Frank Jessop

…2019: Currently Jessops has 58 locations and in the year to April 2017 sales rose 24% to nearly £100m. It has continued to trade by focusing on printing and appealing to all types of photographer – not only keen camera users but the new generation of smartphone users who want to see their selfies on (photographic) paper.

2013