retail news in context, analysis with attitude

The Chicago Tribune reports that "portrait studios at Sears and some Wal-Mart stores - the scenes of innumerable family photos - have unexpectedly closed as their operator, CPI Corp., goes out of business ... The St. Louis company has been making photo keepsakes for more than 60 years and offered its services at more than 3,000 North American locations, mostly in Sears and Wal-Mart stores."

According to the story, "CPI has suffered in recent years amid the popularity of digital cameras and smartphones that allow easy photo-taking — the same trend that sent Eastman Kodak into bankruptcy."

Both Sears and Walmart are said to be working to fulfill orders placed before CPI went out of business.
KC's View:
I keep hearing the Queen song...

Another one bites the dust
Another one bites the dust
And another one gone, and another one gone
Another one bites the dust
Hey, I'm gonna get you too
Another one bites the dust
Another one bites the dust...