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Jessops in Warrington set to close after going into administration
4:49pm Friday 11th January 2013 in News
ADMINISTRATORS have announced the Jessops photo store in the town centre has closed.
Five staff at the store near the old market place are being made redundant today in what was described as an 'extremely sad day' for the company.
Rob Hunt, joint administrator 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.
“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.”