Great story in the Deseret News this morning about Kiddie Kandids going out of business with no warning (or pay) to its employees. Thanks, executives!
Sorenson Capital, which said it did not profit from its investment in the company, blamed the closure on a sustained economic downturn combined with a photography marketplace shift that has seen increased availability of inexpensive, user-friendly digital photography technology. “Together, these forces effectively damaged Kiddie Kandids’ in-store photography customer base beyond repair,” it said.
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