Camera company closes 6 of 8 remaining stores - 13 WTHR Indianapolis

Camera company closes 6 of 8 remaining stores

Updated:
Closings include this store on 86th St., Indianapolis Closings include this store on 86th St., Indianapolis

COLUMBUS, Ohio (AP) - A camera company that once had 30 locations in Ohio and Indiana is shuttering six of its remaining eight stores in the face of dropping sales and increased use of smartphone cameras.

Just two stores will remain for Columbus-based Cord Camera, both in central Ohio, which had a dozen locations as recently as October.

The Columbus Dispatch reports Wednesday that two other stores will be closed in Columbus, two in Indiana - in Bloomington and Indianapolis - and two in Cincinnati.

John Crotty, president and chief financial officer of Colfax Financial, Cord Camera's owner, says camera sales didn't meet expectations at Christmas.

He also says people are increasingly using smartphones to take pictures and aren't printing pictures the way they used to.

___

Information from The Columbus Dispatch

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow