Calumet Photographic Explained

Calumet Photographic
Type:Private
Foundation:1939
Products:Cameras, video, film, accessories.
Location:Bahrenfelder Straße 260
22765 Hamburg
Location Country:Germany
Locations:18
Area Served:UK, Germany, Netherlands, Belgium
Fate:US operation purchased by C&A Marketing in bankruptcy auction.
EU operation still active.
Key People:Christof Bergmann, Managing Director
Founder:Kenneth Becker
Num Employees:200
Industry:Photographic products and services

Calumet Photographic, Inc., often shortened to Calumet Photo and formerly known as Calumet Manufacturing Company, is a photographic retail and photofinishing specialty store, originally headquartered in Chicago, Illinois. In 2012, the company owned and operated a chain of 32 locations worldwide. The company had 15 locations in the United States, 8 in the United Kingdom, 6 in Germany, 2 in the Netherlands and 1 in Belgium,[1] with 200 employees and an annual revenue of $10 million.[2]

On March 12, 2014, Calumet Photographic filed Chapter 7 bankruptcy. C&A Marketing, the New Jersey-based owners of a number of retail photo brands including Ritz Camera, Wolf Camera, Inkley's, Camera World, and RitzPix, purchased the US-based assets on May 1, 2014 for $4 million.

On May 7, 2014, the company announced that it would reopen its Oak Brook, Illinois, retail store location, and did so on May 11; it served as the anchor for the brand.[3] [4] The final three stores closed in January 2016.

History

In 1939, Kenneth Becker founded the sporting goods store Calumet Manufacturing Company that sold an occasional camera in Chicago.[5] After several years of manufacturing darkroom equipment, in 1955 the company bought the rights to Kodak's Master View 4x5 camera, enabling Kodak to leave the view camera business.[6] In the 1960s, the company innovated the Caltar large format lens line, the C-2 roll film holder and the nitrogen burst film and print processors.[6]

In 1980, the company transitioned from being a large format proprietary product vendor to being a full-line photographic product supplier.[6] In 1983, the company left the view camera manufacturing business and outsourced production to the Netherlands.[7] In 1989, Calumet made a notable improvement on Polaroid instant film technology.[8] In 1992, the company leased 85000square feet of office space in Bensenville, Illinois, and relocated its corporate headquarters.[9]

In the 1990s, Calumet was acquired by Wolsely plc, a UK Footsie 100 company primarily involved in the Plumbing and Construction industry who already had acquired the main United Kingdom professional photo retail chain KJP, who already had branches throughout the UK and also in Germany and the Netherlands. Wolsely sold the company in the early 2000s and the European operation was then rebranded as Calumet. By early 2009, the company had 20 locations in Europe.[10] In 2007, the retail location in Bensenville was moved next to the Oakbrook Center shopping mall in Oak Brook, Illinois.[10] In February 2012, the company acquired the three remaining Washington, DC, area Penn Camera locations after a United States bankruptcy court ruling following Penn Camera's elimination of 5 of its 8 locations.[11] In October 2012, the company opened three new locations in Maryland, Florida and Illinois following the bankruptcy and liquidation of Ritz Camera.[1], the company's headquarters were located on West Bliss Street in Chicago.[12]

Calumet stores hosted free classes, seminars and demonstrations in dedicated spaces.[10]

On March 13, 2014, the following was posted on the company's Facebook page: "After 75 years of business it is with a heavy heart that we announce our immediate closing in the United States (our European stores will continue). It has been a joy to share our passion for photography with you all of these years. We'll miss each other and we'll miss all of our customers. Thank you for everything." At the same time their website and Twitter account also went offline. Shortly after, the same message was posted on the locked doors of the closed stores. According to Crain's Chicago Business, the company filed for Chapter 7 Bankruptcy after a lender opted not to continue its financing.[13]

In April 2014, some of the principals bid on the inventory, store leases and other assets.[14] On May 2, C&A Marketing acquired most of the assets and announced plans to reopen both calumetphoto.com and the equipment rental business.[15] [16] Less than one week later, the C&A announced that it would reopen the Oak Brook, Illinois location on May 11.[17] [18]

In January 2016 C&A Marketing closed all remaining Calumet locations in the United States.[19]

European operations

The 2014 bankruptcy of the U.S. branch had no direct impact on Calumet Photographic's operations in the UK and mainland Europe, where all stores continue trading as normal.[20]

Following the growth of the camera rental market, Calumet Photographic UK launched a dedicated rental website to feature rental equipment and allow customers to reserve equipment.[21] In 2014, the UK brand won a Gold Retailer award for customer service from Amateur Photographer and What Digital Camera.[22] In March 2015, the Calumet Student Photographer Of The Year award program was launched in partnership with photographic brands including Canon Inc and Manfrotto.[23]

On June 7, 2016, mid-market investment firm Aurelius announced that it had acquired Calumet International Ltd., a holding company comprising both the Calumet Photographic brand and professional lighting producer Bowens Lighting.[24] Calumet Photographic's physical presence, in July 2016, comprised 9 branches in the UK, 6 in Germany, 2 in the Netherlands and 1 in Belgium.[25]

On March 3, 2017, Aurelius announced it had acquired competing UK company Wex Photographic, and the two companies would be merged.[26] In September 2017 they announced the two businesses would be rebranded in the UK as Wex Photo Video and a new London store opened, the largest in the UK.[27] As of 2023, Wex Photo Video operate 14 stores across major cities in the UK,[28] together with a mail order and equipment rental operation.

Notes and References

  1. Web site: Store Locations . September 9, 2012 . Calumetphoto.com . dead . https://web.archive.org/web/20120901081113/http://www.calumetphoto.com/eng/locations-us/index.cfm . September 1, 2012 . mdy .
  2. Web site: Calumet Photographic, Inc.. September 9, 2012. August 21, 2012. Inside View. https://web.archive.org/web/20130804044246/http://www.insideview.com/directory/calumet-photographic-inc. August 4, 2013. dead. mdy-all.
  3. http://camarketing.com/ca-marketing-will-reopen-calumet-photographics-oak-brook-location-sunday-may-11/ C&A Marketing Will Reopen Calumet Photographic's Oak Brook Location Sunday May 11
  4. News: Kukec. Annie Marie. Shuttered Calumet Photo reopens in Oak Brook. Daily Herald. May 14, 2014. August 6, 2015.
  5. Web site: Calumet Photographic . September 10, 2012 . . dead . https://web.archive.org/web/20131023060930/http://www.businessreviewusa.com/reports/Calumet-Photographic-snapshot-best_18492 . October 23, 2013 . mdy .
  6. Web site: About Calumet Photographic . October 22, 2013 . Calumetphoto.com . https://archive.today/20131022181533/http://www.calumetphoto.com/INTERSHOP/web/WFS/Calumet-US-Site/en_US/-/USD/ViewContent-Start?PageletEntryPointID=page.info.about . October 22, 2013 . dead . mdy-all .
  7. Web site: Handmade Deardorff View Cameras Give Old-time Value. September 10, 2012. August 16, 1985. Chicago Tribune. Foerstner, Abigail.
  8. Web site: New Film Designed To Improve Photos Of Stars And Planets. September 10, 2012. May 26, 1989. Chicago Tribune. Thall, Larry.
  9. Web site: 'Largest Auction' Comes Up Big. September 10, 2012. December 13, 1992. Chicago Tribune. Kerch, Steve.
  10. Web site: Calumet Photographic. United Kingdom. January–February 2009. Imaging Info. Schiffner, Bill. September 10, 2012. April 24, 2013. https://web.archive.org/web/20130424170114/http://imaginginfo.com/print/PTN/Calumet-Photographic/2$4764. dead.
  11. News: Penn Camera locations scooped up by Calumet Photo. September 10, 2012. February 8, 2012. The Washington Post. Douglas, Danielle.
  12. Web site: Company Overview of Calumet Photographic, Inc.. https://web.archive.org/web/20090302103454/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4482485. dead. March 2, 2009. September 10, 2012. Bloomberg BusinessWeek.
  13. Web site: Calumet Photo shutters, files for bankruptcy. March 16, 2014. March 13, 2014. Crain's Chicago Business. Strahler, Steven R..
  14. Web site: Calumet Photographic Finds a Buyer. May 12, 2014. April 8, 2014. The Wall Street Journal. Palank, Jacqueline.
  15. Web site: C&A Marketing acquires Calumet, some services to be restored. May 12, 2014. May 2, 2014. Nikitas, Theano. Digital Photography Review.
  16. Web site: New owner to revive Calumet Photo . May 12, 2014 . May 2, 2014 . Ruminski, Bill . . dead . https://web.archive.org/web/20140512231224/http://voices.suntimes.com/business-2/new-owners-to-revive-calumet-photo/ . May 12, 2014 . mdy .
  17. Web site: Calumet Oak Brook, Illinois store reopens this Sunday . May 12, 2014. May 9, 2014. Nikitas, Theano. Digital Photography Review.
  18. Web site: Calumet Photo's Oak Brook store to reopen Sunday . May 12, 2014 . May 7, 2014 . Ruminski, Bill . . dead . https://web.archive.org/web/20140512212957/http://voices.suntimes.com/business-2/calumet-photos-oak-brook-store-to-reopen-sunday/ . May 12, 2014 . mdy .
  19. Web site: Calumet Photo closes last three stores. February 4, 2016. January 26, 2016. Crain's Chicago Business. Sweeney, Brigid.
  20. News: Cheesman. Chris. Calumet collapse: Bosses plan return to US market (update). Amateur Photographer. March 14, 2014. July 14, 2016.
  21. News: Cheesman. Chris. Calumet launches kit rental website. Amateur Photographer. May 31, 2013. July 14, 2016.
  22. Web site: Good Service Awards 2014 Winners. July 14, 2016. What Digital Camera. July 13, 2014.
  23. News: Petragnani. Jamie. Calumet Launches Student Photographer Of The Year Awards. Verge Magazine. January 29, 2015. July 14, 2016. June 25, 2016. https://web.archive.org/web/20160625220819/http://vergemagazine.co.uk/calumet-launches-student-photographer-of-the-year-awards/. dead.
  24. News: Kleinman. Mark. Photography Chain Seeks Focus With Aurelius. Sky News. June 9, 2016. July 14, 2016.
  25. Web site: Store Locations. July 14, 2016. Calphoto.co.uk.
  26. Web site: Aurelius AURELIUS acquires Wex Photographic. aureliusinvest.com. 2018-02-13. https://web.archive.org/web/20180213200111/http://aureliusinvest.com/en/press/press-releases/aurelius-erwirbt-wex-photographic/. February 13, 2018. dead.
  27. News: Wex Photographic and Calumet UK become Wex Photo Video . 2017-10-05. Amateur Photographer. 2018-02-13. en-US.
  28. Web site: Store Finder | Wex Photo Video & Calumet | Wex Photo Video .