Staff at Derry’s Jessops store are to lose their jobs after it was announced on Friday that the camera retailer is to close all its shops.
Jessops, which also has four stores in Northern Ireland and 187 shops across the UK, went into administration earlier this week, making it the first High Street casualty of 2013.
PricewaterhouseCoopers (PwC), was appointed as administrator on Wednesday and began discussions with stakeholders to see to see if the business could be preserved.
However, a decision to shut down the business came after discussions with suppliers suggested there was a lack support for ongoing trading. In recent years, Jessops has been hit by competition from internet retailers and the increased use of camera phones which has hit demand for digital cameras.
Commenting on the closure Sinn Féin Foyle MLA Maeve McLaughlin said she was deeply disappointed that Jessops was to close immediately with the loss of all jobs
The Foyle MLA said:“This is a very sad day for the staff of Jessops and I am disappointed that the administers could not have done more to save the jobs.
“In the current economic climate any job losses are a blow to the workers, their families and all businesses. It is now important the administrators honour the full entitlements that are due to the workers.”