Discussion
Totally missed the news that Jacobs' went into administration on 1st June. Rather sad to say the least.
Had a mail yesterday to advise that there is a closing sale at the London Road store in Leicester tomorrow.
If the stock available is reflected in the web site listing the scope of the sale may be a bit limited but there could be some useful items to buy for those who are local enough to make the trip.
Had a mail yesterday to advise that there is a closing sale at the London Road store in Leicester tomorrow.
If the stock available is reflected in the web site listing the scope of the sale may be a bit limited but there could be some useful items to buy for those who are local enough to make the trip.
LongQ said:
.... Jacobs' went into administration ....
Clearly a bit cream crackered?!Didn't notice this either, http://www.business-sale.com/news/article/buyer-so...
http://www.jacobsdigital.co.uk/t-about.aspx
yorky500 said:
And no Marumi products either, then again, nobody has them!
Have you tried here:http://www.fotosense.co.uk/brands/marumi.html
I bought a couple of CPL filters from them recently.
ian in lancs said:
revenues of £28.24 million - profits of £109,000 after tax! What on earth were they doing? Having said that they were a good shop. I bought a Nikon 12-24 there a few months ago and they seemed to be doing a roaring trade at the Focus show.
I think it's a sign of the times. High street retail is not easy, city centres are not what they were. Many people buy from the internet regularly even if, like me, they sometimes use the highstreet for purchases rather than just 'trying' there before buying elsewhere. And then there are the supermarkets selling the mass market end cameras and a whole load of other factors that affect sales of what have to be fairly profitable sideline products.Who knows what their property rents and bank loans (presumably) were costing them - often something over which there is little control.
Plus, according to something I read this week, camera sales (by value) have been contracting in recent years. That surprised me to be frank. The finger in the article was being pointed at mobile phones having image recording capabilities of adequate standards for most user's needs.
I noted that Jacobs were only operating one sales area at Focus on Imaging this year. Normally they ran two with one next to the Nikon display and the other next to Canon, if they were there. I assumed that the expectation was that one area would do since the show seemed to have contracted a little in the last couple of years. But maybe two stands would be too expensive compared to the sales predictions? In terms of equipment sales I would guess that the show normally represented quite a large proportion of their annual turnover
All speculation of course.
My local store has gone. Very sad. Good people. However whilst I would put business there way from time to time I was hardly a regular visitor and there was no way I could justify buying on the highstreet when price differentials were substantial. 5 to 10% difference to on-line prices can be justified for the hands-on experience and convenience of immediate availability, up to a point. But once you get towards a 3 figure price difference it's not so easy to justify.
It will be interesting to see how things develop (no pun intended) for the current survivors over the next year or two.
LongQ said:
ian in lancs said:
revenues of £28.24 million - profits of £109,000 after tax! What on earth were they doing? Having said that they were a good shop. I bought a Nikon 12-24 there a few months ago and they seemed to be doing a roaring trade at the Focus show.
I think it's a sign of the times. High street retail is not easy, city centres are not what they were. Many people buy from the internet regularly even if, like me, they sometimes use the highstreet for purchases rather than just 'trying' there before buying elsewhere. And then there are the supermarkets selling the mass market end cameras and a whole load of other factors that affect sales of what have to be fairly profitable sideline products.Who knows what their property rents and bank loans (presumably) were costing them - often something over which there is little control.
Plus, according to something I read this week, camera sales (by value) have been contracting in recent years. That surprised me to be frank. The finger in the article was being pointed at mobile phones having image recording capabilities of adequate standards for most user's needs.
I noted that Jacobs were only operating one sales area at Focus on Imaging this year. Normally they ran two with one next to the Nikon display and the other next to Canon, if they were there. I assumed that the expectation was that one area would do since the show seemed to have contracted a little in the last couple of years. But maybe two stands would be too expensive compared to the sales predictions? In terms of equipment sales I would guess that the show normally represented quite a large proportion of their annual turnover
All speculation of course.
My local store has gone. Very sad. Good people. However whilst I would put business there way from time to time I was hardly a regular visitor and there was no way I could justify buying on the highstreet when price differentials were substantial. 5 to 10% difference to on-line prices can be justified for the hands-on experience and convenience of immediate availability, up to a point. But once you get towards a 3 figure price difference it's not so easy to justify.
It will be interesting to see how things develop (no pun intended) for the current survivors over the next year or two.
Edited by ian in lancs on Saturday 30th June 15:59
NJH said:
yorky500 said:
And no Marumi products either, then again, nobody has them!
Have you tried here:http://www.fotosense.co.uk/brands/marumi.html
I bought a couple of CPL filters from them recently.
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