Retailers and Closing and Specialty stores and Retail and Real Estate & Retail

Cord Camera to close remaining Indianapolis store

January 1, 2014

A camera business that once had more than 30 locations in Ohio and Indiana is closing six of its remaining eight stores in the face of dropping sales and increased use of smartphone cameras.

Just two stores will remain for Columbus-based Cord Camera, both in central Ohio, which had a dozen locations as recently as October.

The Columbus Dispatch reported Wednesday that two other stores will be closed in Columbus, two in Indiana — in Bloomington and Indianapolis — and two in Cincinnati.

The Indianapolis store is in Nora, at 1300 E. 86th St.

Cord had at least seven Indianapolis-area locations in the mid-2000s, with stores downtown, on the west side, in Castleton, Carmel, Greenwood and Fishers.

John Crotty, president and chief financial officer of venture capital firm Colfax Financial, Cord Camera's owner, said camera sales didn't meet expectations at Christmas.

He also said people are increasingly using smartphones to take pictures and aren't printing pictures the way they used to.

Cord was founded in 1954 as Fast Photo Service. It was run by the Cordle family for most of its existence before going into receivership in 2009.

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