National

Blacks To Shutter All 59 Photography Stores In Canada As Of August

The Canadian Press, 09 Jun, 2015 11:39 AM

TORONTO — Photography chain Blacks is shuttering all of its 59 stores in Canada as of Aug. 8 after 85 years in operation.

Parent company Telus says most of the stores are in Ontario and employ about 485 people.

Telus says an unspecified number of those employees will be offered jobs at Telus or Koodo head offices, as well as at retail outlets or call centres, while others would be offered a "transition package."

Telus (TSX:T) spokeswoman Luiza Staniec says despite financial improvements over the last year, the company has been unable to turn a profit because of technological innovations that have changed the way people take and share photos.

In September 2009, Telus Corp. (TSX:T) bought Blacks for $28 million.

Telus acquired Blacks from ReichmannHauer Capital Partners, which had purchased the chain in October 2007 for an undisclosed price.

Blacks, headquartered in Toronto, was founded in 1930.

Prev Next

MORE National ARTICLES

Acceptance Reversed For 400 Would-be Nurses At Thompson Rivers University

KELOWNA, B.C. — Hundreds of want-to-be nurses have been told they weren't actually accepted to the Thompson Rivers University program, despite receiving confirmation they were in.

Acceptance Reversed For 400 Would-be Nurses At Thompson Rivers University

Const. Sheldon Shah Testifies He Was Shot Several Times Trying To Protect Another Officer

WETASKIWIN, Alta. — An RCMP officer was trying to arrest a man in the living room of an Alberta farm house when the Mountie saw the muzzle of a gun pointing out of a doorway.

Const. Sheldon Shah Testifies He Was Shot Several Times Trying To Protect Another Officer

Bank Of China Awarded More Than $672 Million In B.C. Supreme Court Case

VANCOUVER — A B.C. Supreme Court judge has ordered two defendants to pay the Bank of China more than $672 million in an international breach of trust and fraud case.

Bank Of China Awarded More Than $672 Million In B.C. Supreme Court Case

Advocates Hope Murder-Suicide Inquest Will Help Families With Autistic Children

PRINCE RUPERT, B.C. — The family of a British Columbia mother who killed herself and her severely autistic son is hopeful that an inquest will bring something positive out of the tragedy, says an advocate.

Advocates Hope Murder-Suicide Inquest Will Help Families With Autistic Children

Four Members Of Royal Navy Face Sexual Assault Charges In Halifax

HALIFAX — Four members of the Royal Navy have been charged with sexual assault causing bodily harm at a Canadian Forces base in Halifax.

Four Members Of Royal Navy Face Sexual Assault Charges In Halifax

Canada's Greenhouse Gas Emissions Continue Slow Climb: Report

OTTAWA — The latest emissions inventory from Environment Canada shows the country's overall greenhouse gas output climbed 1.5 per cent between 2012 and 2013, continuing a slow, but steady, upward trend since the global recession of 2009.