Working alongside various partners on a multitude of transactions, Robert V. Glaser had a role as a member of one of the teams responsible for notable investments, one of these investments being the American chain of photo stores known as Fox Photo Inc.
Fox Photo originally began as a small photo studio in San Antonio, Texas launched by a man named Arthur C. Fox. In the early 1900s, a Canadian man named Carl Newton moved to Texas and went on to purchase the studio for a mere $700. During this time, amateur photography was only beginning to emerge in popularity. By the time the 1920s came around, Newton’s investment would go on to become the world’s largest mail order photofinishing business.
Fox Photo went through several mergers and acquisitions, eventually changing its name to Fox-Stanley Photo Products, Inc. in the 1960s. The chain not only operated several retail stores, it also oversaw photofinishing plants for some of the most notable retailers in the United States like Walgreens, Walmart, and Target. Its one-hour photo processing booths became wildly popular, even making an appearance in the 1985 film Back to the Future.
This update is by Robert V. Glaser. Glaser is an industry veteran with decades of experience in banking, private equity, and more. His experience includes his many years working for global manager of alternative investment products Investcorp and he also dedicates his time to various charitable causes including YoungArts Foundation, Chapman Partnership, and more. You can learn more about Robert by visiting the Robert V. Glaser Business or Robert V. Glaser Giving websites.