Pixel Magazine - 19th June 2012

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Social Networking for Retailers - Sorted! A new blog is to provide everything a photo retailer needs for successful social networking. “The best thing you can do is not talk about yourself on Facebook. Sharing interesting information instead may help retailers build their connections,” said Glynn Lavender of Creative Photo Workshops. “Most stores would love to do more social networking, but don’t necessarily know where to find material, so the idea is that I will collate all the cool stuff on photography I find on the net and put it in one place for stores to access.” Glynn aims to collect hundreds of links on the page for stores to be able to quickly choose something and put on their own pages daily. “I’d love to make the site a two-way street, where people who find something cool send it to me to post on the blog.” photoretail.blog.com

Nikon Summer Cashback Announced As part of a new promotion now running, consumers purchasing any Nikon 1 J1 or V1 camera or lens combination are entitled to claim £50 cashback. The promotion runs from 31st May - 31st August 2012 (inclusive) and is aimed at encouraging families with young children to invest in the camera in time for the summer holidays. All claims must be received by the 30th September 2012 in order to qualify. www.nikon.co.uk/cashback

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for sale: jacobs Freitag, 11. Mai 2012 18:06:15

Administrators seeking a buyer for the UK’s largest independent photographic retailer.

We are sorry to report that Jacobs has called in the administrators and closed seven shops so far, making 46 redundancies. “It’s desperately sad to see a family-run business such as Cecil Jacobs encounter problems,” said PFK in a statement. “The company’s rich heritage and loyal customer base has not been enough to see it through the on-going economic slowdown. These measures are painful for everyone involved but are essential if we are to have a reasonable prospect of finding a buyer for the business as a going concern.” Family-run Jacobs was established in 1939 and employs about 154 staff across its 19 stores. It is currently the largest independent retailer in the UK. Cecil Jacobs founded the business as a chemist shop in Leicester in 1939, and started selling cameras in the late 1940s. As the second generation of Jacobs joined the company, the store

moved firmly in the direction of photography and by the late 1980s, Jacobs had opened a superstore and expanded outside of Leicester. The stores in Birmingham, Liverpool, Chelsea, Sheffield, Derby, Hull, Kingston-Upon-Thames have been closed, leaving 12 for sale. As Pixel went to press, PFK said they were “in a position to begin negotiations” with parties that have expessed interest. www.jacobsdigital.co.uk Photo by Pig Sty Avenue on Flickr

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TheLeft_creative_Fabio_Selani_print magazine that understands the world of imaging, past, present and future Donnerstag, 10. Mai 2012 13:24:25

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Panasonic to Invest £400 m in Olympus? Huge cash boost would secure Olympus’ financial position and buy Panasonic a majority share in the business. Reuters has reported that Panasonic will arrange to become a top shareholder in Olympus, by providing up to 50 billion yen ($635 million) that the scandal-hit company needs to strengthen its operation. Shareholders’ equity in Olympus fell under 5 percent of its assets in March, against a recommended minimum for a financially stable company of at least 20 percent. The news has already had a positive impact on Olypmus’ share prices. Reuters cited the Kyodo news agency for the report, which came after Olympus’ HQ denied the rumours recently. There has been no comment by Olympus since the most recent reports.

Kyodo suggests that Panasonic aims to secure a new source of revenue by investing in forming an alliance with Olympus in its mainline operation of medical devices. Due to a quiet period for television sales, Panasonic posted a record net loss in last financial year and it is suspected that the company is interested in expanding its healthcare business, as it offers more stable revenues. This is an area of traditional strength for Olympus. Kyodo also reported that Panasonic may cut up to half of its Osaka headquarters’ employees within a year in order to reduce costs. www.panasonic.com www.olympus.com

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