source: Sky News
Professional services firm PwC confirms its appointment as administrator for troubled high street photography retailer Jessops.
Sky sources earlier revealed that an application for administration was filed on Wednesday morning at the High Court.
Administrations puts around 2,000 jobs at risk.
The demise of the decades-old chain would be the first high street casualty of 2013, and comes soon after consumer electricals chain Comet hit the wall, sparking more than 6,000 job losses.
Retail Week said administrators from PricewaterhouseCoopers were expected to be appointed after the firm suffered ongoing funding problems.
Jessops has struggled amid the digital photo revolution and the retail shift to online trading and camera phones.
Jessops will not honour gift vouchers or accept returned goods, it is confirmed.
Hope they can save as many shops as possible as a valued member on here works for them.
More doom and gloom for the New Year.
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