Thursday, April 17, 2014

Calumet Photographic bankruptcy update: Aquisition decision expected on April 29th

Calumet Photographic Logo, courtesy of Calumet Photographic
I've been reporting on Calumet Photographic's bankruptcy for some time now. Let's review what's happened so far.

On March 12th Calumet Photographic, the US based photography store chain filed for Chapter 7 Bankruptcy and closed all their US locations. The Calumet stores in the United Kingdom, and elsewhere in Europe, being financially separate entities from the US company, were unaffected by the US bankruptcy.

Many US Calumet customers, caught by surprise by the bankruptcy, were holding photography gear rented from the company, unable to return it, prepaid orders, and store credits.

Tuesday, April 15, 2014

Calumet Photographic bankruptcy update: There is hope for Calumet customers!

Calumet Photographic Logo, courtesy of Calumet Photographic
I've been reporting on Calumet Photographic's bankruptcy for some time now. For the first time, for at least some customers of the defunct company, there may good news about your store credits, and prepaid orders, however, don't jump for joy quite yet.

Let's review what's happened so far. On March 12th Calumet Photographic, the US based photography store chain filed for Chapter 7 Bankruptcy and closed all their US locations. The Calumet stores in the United Kingdom, and elsewhere in Europe, being financially separate entities from the US company, were unaffected by the US bankruptcy.

Many US Calumet customers, caught by surprise by the bankruptcy, were holding photography gear rented from the company, unable to return it, prepaid orders, and store credits.