Colchester: Outdoor retailer Jacks closes with loss of eight jobs
- Credit: Archant
COLCHESTER-based outdoor equipment retailer Jacks, which went into administration last month, has ceased trading after efforts to find a buyer for the business proved fruitless.
The closure of the St Nicholas Street business, which was formed in 1946, has resulted in the loss of eight jobs.
Adam Clarke, one of the administrators from accountancy firm Larking Gowen, said: “Our initial plan was to trade the business to see if a purchaser could be found.
“Sadly and despite much interest in the store, no such purchaser came forward and therefore in conjunction with the director, David Williams, a decision was made to cease trading and close the store.”
Following their appointment on January 21, the administrators said that Jacks, which specialised in camping equipment and work clothing, had trading at a loss in recent months due to increased competition and the costs of operating from a High Street base.
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Any creditors of the business should contact Lee Green of Larking Gowen on 01603 624181.
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