Why Telus is Shuttering Iconic BLACKS Photography

Jun 10, 2015
HRC Advisory CEO Antony Karabus is interviewed for his perspective on Telus-owned BLACKS Photography deciding to close all retail locations.

Telus just announced that it will shutter operations of iconic Canadian photography retailer BLACKS, closing all stores on August 8 of this year. HRC Advisory CEO Antony Karabus was interviewed to gain his perspective on the decision by Telus. In the interview, Karabus explains that BLACKS' closing is partly due to changing times, their competition, and a lack of investment capital. He also stateted that competitors offer photo printing at a lower cost which hindered the market for BLACKS.Click below to read the full article

  

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Source: Retail Insider