High Street success for Jessops

Jessops is proving that the high street success is possible – in its first full financial year Jessops has seen sales of over £56m and operating profit of £280,000. Building on its current 28 store estate in prime locations, Jessops announces today it will be opening a further 6 new stores over the coming weeks to take the total number of its high street stores up to 34 . This comes off the back of a landmark deal signed with Sainsbury’s where we will see even more Jessops stores opening in the coming months.

The new Jessops stores will be opened in Reading, Milton Keynes, Tunbridge Wells, Canterbury, Hull and Kingston. The first of the 6 new stores, Tunbridge Wells will open in October 2014 with the remaining open in November.

Jessops chairman Peter Jones says, “This is a great result and I’m excited that we’ve been able to restore an iconic British high street brand. With the right formula and strategy, the high street is full of potential for growth and job creation: our new stores will create over 100 new jobs before Christmas. Our strategy for success is a multi-channel strategy, within which the high street plays a key role. It is all about giving shoppers choice on how to buy: either shop in-store (where they can get hands on experience), order by phone, shop online 24/7 or benefit from the collect at store service – all with the reassurance that prices will be the same across all channels thanks to the Jessops ‘One Price’ and benchmarked against the leading UK retailers with their ‘Price Match Promise’.”

The new stores feature all the signature services Jessops is renowned for. These include its expert, friendly staff, try-before-you buy product displays, the Jessops Academy with its wide range of photography training courses, on-site lab for photo products made in-store within the hour and of course the widest ranges of the latest cameras and photographic accessories from the world’s leading imaging brands.

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