I was bummed to get that e-mail today, though I have to say, they became so digitally focused that they weren't able to meet my particular needs for the past few years with regard to film and chemistry, so I hadn't spent any money there in a while. That said, between the economy, and the seismic shifts in the field of photography, seems the retailers, little and medium sized box stores are the ones closing. People must be buying cameras at Best Buy, and not going to specialized retailers like Zeff, or (like me) ordering an awful lot of stuff from the big online retailers, B&H, etc.
Wonder if EP Levine is next?