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Dayton Daily News, Ohio, Jim Dillon Column.
Byline: Jim Dillon
Dec. 1--Given more time, could Moto Photo Inc. have eluded bankruptcy? I doubt it.
The truth is no one familiar with the Trotwood-based photofinishing chain was surprised by its Chapter 11 filing Monday. Given what the company has gone through the past decade, it's a miracle the company didn't seek protection from creditors sooner.
Moto Photo was plagued with problems, the biggest of which stemmed from the fact that its core business -- one-hour film developing -- had become a commodity. What was once a strong niche business had become something available at most drug stores and supermarket chains.
Moto Photo employed …
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News wire article from: Dayton Daily News (Dayton, OH)
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News wire article from: Dayton Daily News (Dayton, OH)
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News wire article from: Dayton Daily News (Dayton, OH)
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