Camera seller Jessops has closed all its stores as administrator PwC failed to find any buyers for the high street name.

Within two doays of PwC's appointment on 9 January, the administrator confirmed that the high street chain did not have a future, resulting in 1,370 immediate job losses.

Rob Hunt, joint administrator and partner PwC said: 'Since my appointment, we have reviewed the position of the business and held extensive discussions with suppliers around their support for ongoing trading.

'It is apparent that we cannot continue to trade and as a result we have had to make the difficult decision to begin the closure of all 187 Jessops stores at the close of business today.'

The announcement will result in around 1,370 job losses across the stores with further job losses likely at the head office in Leicester.

'The stock will be collected over the coming days and returned to a central warehouse. It will be returned to suppliers if they are entitled to it. As a consequence of the closure, Jessops is no longer able to accept returned product from customers,' added Hunt.

Despite initial indications that there were up to four potential buyers for the store network, the decision to cease trading came quickly.It is understood that employees will be 'paid as they assist us during the closure'.