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Showing posts from September, 2017

Time for more mergers in the photography retail sector?

Today it was announced that two of the largest photography retailers in the UK - Calumet and Wex Photography - has decided to merge. This event was initiated by the acquisition of Wex Photography by the owner of Calumet - Aurelius.

The photography industry has always been slow to adapt to changes in consumer behavior and market conditions. In Denmark this is quiet obvious through the poor performance of many small and independant photography retailers. Tools like PriceRunner is forcing prices down to zero-margin level faster than you can say "please buy from me I have the new product in stock" after a new product has been launched.
Consumers are not necessary loyal to a specific retailer and will shop around if they can save 10€ on a camera, a lens or any other photography equipment. It doesn't have to been an expensive purchase for the discount hunters to go for the cheapest retailer.

As a solution photography retailers has established their own purchasing company - co…