Retailer News

Discount Store News, June 22, 1998

Retailer News - It looks as though Fox Photo will be leaving the Kodak fold. The company is exploring options to sell the 450-store chain of specialty photo stores, which it acquired a 51% stake in in 1996. The purge is part of Kodak's effort to streamline operations and rid itself of "nonessential business," said Robert Keegan.

vp at Kodak and president of Kodak consumer imaging. Keegan credited its investment in Fox Photo with the successful development of its Kodak Image Center Solutions.

COPYRIGHT 1998 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
COPYRIGHT 2008 Gale, Cengage Learning

 

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