Shares digital

Photographic retailer Jessops has reported like-for-like sales down 5% and total sales off 25% following the closure of 81 stores.

The like-for-like figure is for the 25 weeks to 22 March 2008. In a statement, Jessops executive chairman David Adams said the group's trading performance 'reflects the difficult and uncertain environment we operate in'.

The decision to close the 81 stores is intended to stop them cannibalising sales from nearby outlets. Despite the challenging numbers, management says it is confident of meeting full-year expectations.

Shares were steady is early morning trade at 7.3 pence.