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Jessops in Taunton and Yeovil to close with 13 job losses, adminstrators say

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Friday, January 11, 2013
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Branches of Jessops in Somerset will close after the chain went into administration, it was confirmed this afternoon.

Closure of all 187 Jessops store will begin from the end of trading today, leading to 1,370 job losses.

  1. Jessops

    Closure of all 187 Jessops store will begin from the end of trading today

In Somerset, stores at St James Street Taunton, which employs eight staff, and Middle Street in Yeovil which employs five people, are to close.

A branch in Weston-super-Mare, which employed five people, had already closed after Chrismas.

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Edward Williams, Rob Hunt and Matthew Hammond of PwC were appointed joint administrators of The Jessop Group Limited on Wednesday (January 9).

Mr Hunt said: "Since my appointment, we have reviewed the position of the business and held extensive discussions with suppliers around their support for ongoing trading.

"It is apparent that we cannot continue to trade and as a result we have had to make the difficult decision to begin the closure of all 187 Jessops stores at the close of business today (Friday).

"Regrettably, this will result in around 1370 job losses across the stores with further job losses likely, in due course, at the head office in Leicester.

"The stock will be collected over the coming days and returned to a central warehouse. It will be returned to suppliers if they are entitled to it. As a consequence of the closure, Jessops is no longer able to accept returned product from customers.

"This is an extremely sad day for Jessops and its employees. We are very grateful for the support we have received since our appointment and we will continue to ensure that employees are paid as they assist us during the closure."

Updates for consumers will be available through the Jessops and PwC websites shortly at www.pwc.co.uk/jessops.

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