Rick Womer wrote:
Jessops is also very close to going under. The Ritz bankruptcy in the U.S.
left Nikon and Canon holding the bag for $27 and $14 million, respectively. My
bet is that Pentax effectively dumped Jessops because it wouldn't extend them
credit.
Pretty soon, none of us will have nearby B&M stores in which we can handle new
cameras <sigh>.
Rick
http://photo.net/photos/RickW
I'm not even slightly suprised by Jessops' predicament. It was
obviously on the cards from the time the chain started buying up
retailers in order to have a presence in every town. Combined with the
surge to digital, its removal of pretty much all secondhand stock and
the reduction in printing volume it was blatantly a business model for
failure.
Even so, this is still a chain with 200+ outlets and the first place
people will turn to for photographic goods. I am suprised that a player
looking for more market share could not come to some arrangement.
Unless, of course, it knows something.....
--- On Sat, 6/20/09, mike wilson <[email protected]> wrote:
Tease away, as it's probably the closest I will get to one
before purchase. It was confirmed to me today that
Jessops, the UK's largest photographic retail chain, no
longer stocks any Pentax equipment. _Nor will it order
any._
For once, I'm pretty much lost for words.
--
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