All Toronto Blacks stores to close by August 8
It's the end of the line for Blacks, the longstanding camera and photo finishing shop dotted around the Canadian retail landscape. Alas, this doesn't come as much of a surprise. The heyday of the company was during the reign of film, when its processing services were one of the company's biggest money makers.
59 stores will close across the country as parent company TELUS pulls the plug on the struggling brand. The telecom giant purchased Blacks in 2009 and attempted to transform its stores into digital services specialists, but the rebranding just didn't end up generating the type of revenue required to keep the locations open.
According to the Globe and Mail, the closures will result in the loss of 485 jobs, though TELUS has indicated that it will try to reassign Blacks employees to its other retail locations.
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