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100 jobs at risk in Lincoln as major retailers call in administrators

By Lincolnshire Echo  |  Posted: January 17, 2013

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The job market in Lincolnshire was dealt a crushing blow this week as major retailers called in administrators.

Blockbuster became the third national chain to announce it was in trouble, putting around ten jobs under threat at its two Lincoln stores.

The DVD rental firm announced it was to enter administration on January 16.

The day before, music retailer HMV announced it had hit hard times, with up to 15 jobs at risk at its Lincoln High Street store.

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Meanwhile Jessops announced on Friday that it would be closing all its stores, including three in Lincolnshire.

The news comes on the back of another announcement that the Sony Centre in High Street, Lincoln, has closed after its parent company went into administration.

Up to 87 jobs are also at risk at the Walkers factory in Newark Road.

Together, it means more than 100 jobs are at risk in the city.

Simon Beardsley, chief executive of the Lincolnshire chamber of commerce, believes Lincoln is the victim of national circumstances.

He said: "Unfortunately, Lincoln is on the receiving end of some big national companies going into administration.

"It was predicted that there could be a number of national companies running into difficulties in the New Year.

"But I do not think anyone expected the pace to be so quick and so many household names as there has been.

"We are terribly disappointed to hear about the increasing number of businesses that are finding it difficult to trade at this particular time.

"But what the figures do not highlight are the wider implications that business closures will have, not only on employees who are at the sharp end of such news, but also the ripple effect the closures will have on local supply chains and Lincoln's wider business community.

"While it is very disappointing to hear that Walkers might have potential job losses, I am hopeful that the level of investment being discussed in Lincoln will ensure its future as an efficient production site for years to come.

"The high street is going through a sort of revolution at the moment in terms of how peoples' shopping habits have changed.

"The Mary Portas project, which is currently running in Market Rasen, could give us some advice about how Lincoln can use changing shopping habits as an opportunity and not a threat."

Lincoln already has a much higher than average rate of people claiming Jobseeker's Allowance (JSA).

Currently, there are 3,177 people claiming the benefit in the city. That is 5.2 per cent of the working-age population. The average in Great Britain is 3.8 per cent.

The figure has almost doubled since January 2006, when 1,738 people were claiming JSA.

Matt Corrigan, chief executive of Lincoln Business Improvement Group, believes HMV could survive in a new guise.

He also believes that retailers still want to be based on Lincoln High Street, despite the collapse of Jessops and HMV.

He said: "With HMV, the world has moved on in terms of downloads.

"The first thing is to see if HMV can survive in a different guise. If it gets the business right then it's still viable. Ironically, there has been an increase in people buying vinyl.

"We still have retailers that want to be on the High Street in Lincoln, even with internet sales and out of town retail.

"If we want the High Street to be the focal point for our community, as social and community places, then it's important to keep businesses there."

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  • earnmeraindia  |  January 25 2013, 8:32AM

    earn daily in ur home jobs try now it open http://tinyurl.com/b9swvj9

    |   1
  • IT_MAN  |  January 18 2013, 6:36PM

    Just read this on Saga.co.uk news email, I hope it will belp someone. If that happens don't despair. The person who bought it can get their money back using a system known as 'chargeback'. This is a deal agreed by Visa, MasterCard and Amex whereby they take liability if a firm does not provide the goods or service it promises. It is particularly useful where a firm goes out of business. The card issuer will refund your money. There are a few restrictions – you normally have to apply within 120 days of the firm going bust. And MasterCard has a minimum amount of £10. So if you have a card or gift voucher with Comet or Jessop or HMV then ask the person who bought it and gave it to you to reclaim the money and give you the cash. There is nothing so comforting on a gift as the words "Bank of England. I promise to pay the bearer the sum of…"

    |   3
  • PWhitelam_LE  |  January 18 2013, 5:11PM

    Tweet @PaulWhitelam_LE Lincolnshire County Council issued an interesting press release today. There may be some hope for gift cardholders. Here's the text: Shoppers who have unused gift vouchers from HMV or Jessops may be able to get their money back if a debit or credit card was used to buy them, says Lincolnshire Trading Standards. Thousands have been left struggling to reclaim money after the high-street stores announced they would not accept gift vouchers after going into administration. But hope is not lost, according to senior Trading Standards officer Heather Bellamy: "If you bought a gift voucher with a credit or debit card, you may be able to get your money back. If you used a debit card to pay, you may be able to claim your money back through the MasterCard and Visa chargeback scheme, as long as it's no more than 120 days since you bought the vouchers. "There is greater protection if you bought vouchers worth over £100 using a credit card, as the purchase may be protected under the Consumer Credit Act. "Unfortunately, there are no guarantees but it's worth having a chat with your bank or credit card company. But please note that it's only the person who bought the vouchers who can make a claim." For more information and advice, contact Lincolnshire Trading Standards on 01522 782341 or tradingstandards@lincolnshire.gov.uk

  • Phil1W  |  January 17 2013, 3:38PM

    Price wise "Sony Centre" were Dick ******s compared to such as Currys so maybe thats why they closed.

    |   -4
  • LincolnFran  |  January 17 2013, 11:06AM

    Not forgetting the Sony Centre which closed recently too.

    |   -3

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