Largest UK Independent camera retailer bankrupt

Discussion in 'Photography' started by Charles E. Hardwidge, Jun 1, 2012.

  1. http://www.independent.co.uk/news/b...r-cecil-jacobs-in-administration-7811595.html

    <<The UK's largest independent camera retailer, Cecil Jacobs,
    collapsed into administration today, jeopardising more than 150 jobs.

    The family-run firm, which was more 70 years old and ran a chain of 19
    stores from its base in Leicester, is the latest victim of the squeeze on
    the high street.>>

    Never heard of them before today. Another innocent victim of the recession
    or just another business that didn't move with the times?
     
    Charles E. Hardwidge, Jun 1, 2012
    #1
    1. Advertisements

  2. Charles E. Hardwidge

    PeterN Guest

    Are you aware of all the facts? I certainly am not, and therefore unable
    to make an intelligent comment on the facts of this matter.
     
    PeterN, Jun 2, 2012
    #2
    1. Advertisements

  3. Charles E. Hardwidge

    Robert Coe Guest

    : On 6/1/2012 6:09 PM, Charles E. Hardwidge wrote:
    : > http://www.independent.co.uk/news/b...r-cecil-jacobs-in-administration-7811595.html
    : >
    : >
    : > <<The UK's largest independent camera retailer, Cecil Jacobs,
    : > collapsed into administration today, jeopardising more than 150 jobs.
    : >
    : > The family-run firm, which was more 70 years old and ran a chain of 19
    : > stores from its base in Leicester, is the latest victim of the squeeze
    : > on the high street.>>
    : >
    : > Never heard of them before today. Another innocent victim of the
    : > recession or just another business that didn't move with the times?
    : >
    : Are you aware of all the facts? I certainly am not, and therefore unable
    : to make an intelligent comment on the facts of this matter.

    I thought Charles was the one asking the question. If so, you can't hold him
    responsible for not knowing the answer.

    Bob
     
    Robert Coe, Jun 2, 2012
    #3
  4. Charles E. Hardwidge

    PeterN Guest

    I read his posting as a rhetorical question.
     
    PeterN, Jun 2, 2012
    #4
  5. Yes, the question was open ended, and an opportunity to contrast and compare
    with other camera chains which have stayed open, or explore opportunities
    and how change has affected people.
     
    Charles E. Hardwidge, Jun 3, 2012
    #5
  6. I've never lived in the UK, and even *I* know that name, and have
    visited their shops (I've visited the UK now and then).

    But not enough to know them very well, or their competition, so I have
    no idea if their troubles are significantly self-inflicted.
     
    David Dyer-Bennet, Jun 4, 2012
    #6
  7. Charles E. Hardwidge

    Whiskers Guest

    They had a steady trade in film, and were a good place to go for
    second-hand purchases and sales or exchanges. So I can imagine them
    suffering a loss of cash-flow with the rise of digital photography, and
    perhaps they got stuck with a large inventory of used cameras and lenses
    that no-one wants to buy. They were also competing with Jessops (also
    a Leicester firm, I think!) who seem to have held their own, and even
    expanded their street presence, through the technological changes.
    Perhaps there isn't room for both of them?
     
    Whiskers, Jun 4, 2012
    #7
  8. A bit more on Jacobs here:

    http://togblog.photomart.co.uk/posts/view/another-camera-retailer-goes-into-administration
     
    Garry Douglas, Jun 8, 2012
    #8
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.