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I’m not sure if this is good news or bad news for the poor staff of the now defunct Jessops, but Peter Jones, he of Dragons’ Den fame, has bought the brand in conjunction with a couple of other investors. According to the Telegraph, it’s likely Jessops will become an internet-only retailer, ditching stores and therefore staff.
Apparently Hilco, the firm behind the HMV buyout has also bought something of Jessops, but at this stage it’s unclear what. There was rumour of a Jessops-HMV mashup, in which the Jessops brand would be integrated into a kind of store-within-a-store section of HMV.
It’s understood that the 187 Jessops stores are not part of either deal, which leaves the UK High Street with a fair few holes. [Telegraph]
Image credit: Jessops from Shutterstock
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It’s good to see that someone tried to save the brand – but if they’re going entirely online and shops aren’t being saved I’d imagine that’s bad news for 99% of the now ex-employees who still won’t have their jobs. :/
That aside, it’ll be interesting to see how Jessops thrives (or not as the case may be) in an Internet-only environment.
How would they survive as an online business; people I know used to go in for advice and buy off the internet; without the advice what’s their USP?
Stack ‘em high, sell ‘em cheap? That’s the only way I can see.
Well, the USP clearly wasn’t working and they have lost out, apparently, because people prefer to buy cheaper online. So there you go, thats how they can survive as online business.
Sort of what people do is get the advice from someone as Jessops then buy it online for cheaper
It will be interesting to see how they will price the stock in comparison with other online camera retailers such as warehouse express, Amazon and even eBay.
I have previously bought my last 2 canon cameras form Jessops as they were offering a price match with online or magazine adverts. This game me the online prices with in store service.
Well I looked at the numbers and I don’t really see how this can work …. and for that reason, I’m out!
Cha-ching!!
Ha! “Advice for Life!”
A life lesson indeed.
I never liked my local Jessops. They always assumed I didn’t know what I wanted, but they did. The same with Game, they have been really pushy in there, so I don’t go in anymore.
It’s one of (the many) reasons I prefer to buy online. Nobody tries to flog me stuff I don’t want.
You mean apart from the dozens of adverts all over every internet retailers product pages and checkouts that are tailored to your needs because google has decided its a product that is of interest to you?
I use Bing (I like the pretty pictures). However, when I shop online, I go direct to the URL I want,generally because I’ve had great service there before. I rarely don’t need to search for it.
You mean you rarely need to search for it
When I said google I didn’t mean you shop via google. I meant when you go to most retailers pages you have adverts all over their pages, product pages and checkouts. Those adverts are usually populated by products that google analytics thinks you like. I wasn’t talking about search.
Peter must have a vision, I think it’s a good news.
Would just like to point out that I work in the Carphone warehouse in this picture (blue building on far left of photo) and the jessops there is still open and functioning, the pictures here are from the riots when the front glass was smashed into the store, not from a recent closure.