Jessops - are they going under?
Jessops - are they going under?
Author
Discussion

Whitefly Swatter

Original Poster:

1,131 posts

229 months

Thursday 5th March 2009
quotequote all
17 more stores around the country are to close, mostly in the less populated parts of Scotland, Wales and England, coupled with 180 job losses.

This just seems to reinforce the widely held view that the eventual demise of Jessops is inevitable and just a matter of time.

Would Jessops be widely missed if they closed down completely?

LukeBird

17,170 posts

239 months

Thursday 5th March 2009
quotequote all
They're certainly changing.
The one around the corner from me no longer stocks any L-series glass...
Last time they had most of them (beyond the 2.8's) upto the 70-200 IS.
Now they have none at all...


ETA and I would miss them, some very knowledgeable people have helped me there! thumbup

Edited by LukeBird on Thursday 5th March 14:34

john185k

2,249 posts

243 months

Thursday 5th March 2009
quotequote all
I have 200 quid of vouchers to spend so they better give ample notice if they are. The only thing I will miss is laughing at how expensive they are compared to other stores.

They don't help themselves - although I have just got an email through saying 20 % off all instore stock...

4hero

4,505 posts

241 months

Thursday 5th March 2009
quotequote all
I would miss them, great bunch of guys in the Shandwick Place one in Edinburgh, and two minutes from work frown Buy all of my gear from them.

4hero

4,505 posts

241 months

Thursday 5th March 2009
quotequote all
john185k said:
how expensive they are compared to other stores.
4hero said:
Buy all of my gear from them.
Ahh, it's only money silly

john185k

2,249 posts

243 months

Thursday 5th March 2009
quotequote all
Too handy for you maybe neil?! LOL

I'm in tonight if you want to phone

4hero

4,505 posts

241 months

Thursday 5th March 2009
quotequote all
Nice one John, will do!

Edited by 4hero on Thursday 5th March 14:50

stu_the_flat

1,167 posts

248 months

Thursday 5th March 2009
quotequote all
Well I was in the Jessops in byres road a few days before it closed. Not a mention that it was about to close, Infact they had new stock a 70-300 lens for me to drool over, It wasn't outragusly priced either.

There website has a lot of out of stock notices which suggests that its not in good helth,

Edited by stu_the_flat on Thursday 5th March 14:56

andy-xr

13,204 posts

234 months

Thursday 5th March 2009
quotequote all
I'm not so sure it's Jessops themselves, I dont think they're being helped by their vendors or competition.

I usually stock check them against others to see who's got it and where they are on price. If it's something I want to play with first, I'll try it in Jessops and probably buy it there as well. Not morally keen on trying there, then buying online - it just doesnt sit right with me

Problem that they and a fair few others have had recently is stock rotation. Presume that they're either doing price protection of some description or the vendors/distributors are holding off supplying in the quantity they did 6 months ago incase anyone goes pop

Fair few Nikon outlets seem to be having the same stock problems as I found out recently with an SB600 and an 85mm 1.8

The bigger issue with that is those who dont have the stock dont get the sale, if I know what I want I'll keep ringing around til I find somewhere with it in stock rather than leave it on 2 week backorder

jason-l

134 posts

240 months

Thursday 5th March 2009
quotequote all
4hero said:
I would miss them, great bunch of guys in the Shandwick Place one in Edinburgh, and two minutes from work frown Buy all of my gear from them.
Agree 100% I really hope they stick around.

Some superb staff in Shandwick Place. They have caused me to abandon internet buying in the last year - great to be high st shopping again, especially if warranty issues.


craig_s

289 posts

225 months

Thursday 5th March 2009
quotequote all
They aren't always the most expensive. I'm possibly buying a D40 as a present for someone and they are the best part of £100 cheaper than some places online! £249.99 from Jessops, £339.99 on a certain site that is usually cheaper for almost any camera.

Kermit power

29,622 posts

243 months

Thursday 5th March 2009
quotequote all
I've recently had a Canon 100mm f2.8 and a Sigma 10-22mm off them. On both lenses (after applying a special offer which I only later discovered shouldn't have been applied to lenses) they were within a tenner of the best price I could find anywhere on the web, and I didn't have to wait.

I hope they stay.

B3N

32 posts

249 months

Thursday 5th March 2009
quotequote all
Hmmm. I would really miss them as a high street retailer. Not everything can be bought online as delivery times are usually dubious and unreliable, and there's nothing like handing over the money and having it in your hand there and then.

In regards to price, I was after a new Olympus Tough 6000 compact for the gf's birthday. No other high street retailers had it, only Jessops. Checked against WarehouseExpress and they were £50 dearer. Jessops offered to 'price match' as W.E. are primary competitors, but after the manager had a look he could only get the price to within £20, which wasn't close enough to sway me to avoid the online headaches.

Ended up ordering it from W.E. and received it the next day saving myself £50.

10 points to WarehouseExpress

Holst

2,468 posts

251 months

Thursday 5th March 2009
quotequote all
They gave me a good price when I bought my little panasonic LX3.

But if they hadnt had one avalable in the shop I would have bought online rather than have them order it in.
If they cant keep up good stock levels in the stores then they are going to lose out on alot of sales.

Kermit power

29,622 posts

243 months

Thursday 5th March 2009
quotequote all
Holst said:
They gave me a good price when I bought my little panasonic LX3.

But if they hadnt had one avalable in the shop I would have bought online rather than have them order it in.
If they cant keep up good stock levels in the stores then they are going to lose out on alot of sales.
That's a little harsh, given that they can usually get things in by the next morning, which is quicker than the majority of online retailers.

Simpo Two

92,888 posts

295 months

Thursday 5th March 2009
quotequote all
I hear they borrowed £50M last year - so if they go phut now, that's another £50M a bank will have to write off/get back from the taxpayer.

But we have only ourselves to blame - how many times have we said 'Go and see it Jessops, then buy it cheaper on the net' or 'I can find the Canikon X90 for £399.99 but has anyone seen it for £399.98?'. The interweb is a great leveller and boxes shift, but it's probably not the best way to a healthy economy.

LMC

918 posts

243 months

Friday 6th March 2009
quotequote all
Hmm I wonder if this is why.....

I went into Jessops on Monday for a QR head and they only had one cheapo own brand model, but looking on their website they are selling 58 different models.

I'm now thinking that the Kinnaird Park (Edinburgh) branch is not restocking...ooer.

JustinP1

13,363 posts

260 months

Friday 6th March 2009
quotequote all
john185k said:
I have 200 quid of vouchers to spend so they better give ample notice if they are. The only thing I will miss is laughing at how expensive they are compared to other stores.

They don't help themselves - although I have just got an email through saying 20 % off all instore stock...
If you have vouchers when the liquidators are called in, then officially you are a debtor like the rest and you will have to wait to get a proportion if any of your money back. It is what happened recently with Zavvi.

I would spend it on anything useful IMHO.

It is lovely to be able to walk into a store and ask questions and try things out.

It worked brilliantly 10 years ago, as the only competition was who had the best retail store for you to get to and use. Retaillers like Jessops, PC World and the like made a fortune.

When a decent chunk of their business goes to the internet, then they will struggle to survive, and bring their prices and margins down. When the majority of the business goes to the internet, then they are a dead duck - they can't slash their prices to compete with the net as they have much higher overheads and they can't just downsize as the whole reason why a 'shop' has a benefit is because they have a wide stock of items there and then for you to buy, and they are physically close to you.

The 'recession' will maybe be the last nail in the coffin, but it is simply the market changing over the last decade. That is not going to get any better for them.

Sticking my finger in the air for Jessops - months not years left unless their retail base is severely slashed.

Nolar Dog

8,786 posts

225 months

Friday 6th March 2009
quotequote all
I don't think they are folding. They are just cutting back on higher rental stores.

The one on Deansgate, Manchester has closed but the 2 other out of town stores are still going strong.

I read about it on a Flickr group somewhere.

ian in lancs

3,853 posts

228 months

Tuesday 17th March 2009
quotequote all
The one in St Annes is boarded up so whilst I was passing the Blackpool store I dropped in to bu a £450 lens. First words from 'salesman' sic "we're closing" me "Have you got a Nikon 16-85mm etc.." Him "don't keep that in stock" then he ushered me out. Not a word about order on-line collect at shop, order on-line and get delivered etc etc. No wonder they're dying. Buffoon! The St Annes one was staffed with people who knew their customers and would treat people who wanted to buy with courtesy not contempt.

Oh well on-line it is and it wont be Jessops.