Sad news for it's staff and another blow to the uk high streets. With HMV sure to follow, its only going to be a few years until there is nothing left but coffee shops, eateries and clothes shops in city centres.
I just can't see the old business model of having a big 'bricks and mortar' presence working for a lot of companies now.
It got me thinking of these new 'Canon Stores', obviously it's a take on Apple stores and if it has a technical support area and a sensor cleaning/general servicing area, then cool right? Yeah, but how much revenue would come from people paying for the service as opposed to people using the warranty period? The only way I see them surviving the long run is if the in store prices can match popular online vendors. If a stores that sold a wide range of P&S's, Mirrorless, DSLR's, lenses and accessories from: Canon, Nikon, Sony, Olympus, Samsung and others has gone bust, then what chance does a store chance if they just sell Canon products at max RRP?
Aping Apple is just not a smart move for most companies. If you buy a new mac [not older models] from the Apple store it will cost you 'lets say' '£1,000', if you buy it from the online Apple store it will cost you £1,000, if you buy it from another vendor it will cost you '£1,000'. Therefore, you feel comfortable walking into the store and shelling out the cash, knowing that it's not cheaper elsewhere.
You can still shop around for deals with camera gear and I doubt these Canon stores will offer the best prices.