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The camera retailer, which operates 211 stores nationwide, saw like-for-like sales fall 4.7 per cent in the 12 weeks to August 18th, something that may interest those trading shares in Jessops on the stock market.
This followed a 3.6 per cent drop in the eight weeks to May 24th and the company reiterated a warning issued earlier this year that it is unlikely its shareholders will see any return on their investment in 2009.
It noted that discussions regarding a "fundamental restructuring" of its debts are currently underway with HSBC.
The Associated Press quoted the retailer as stating that the talks are focused on both parties reaching a "solvent solution".
Shares in Jessops were down 6.41 per cent at the close of trading in London yesterday, falling to 1.88p.
