This may not resonate as much with non-metro New Yorkers but J&R Music and Computer World (which also sold a lot of cameras) has closed its store in downtown Mahattan after 43 years. Still, they used to run newspaper ads in major newspapers across the country so they had a lot of mail, phone and, in later years, Internet orders. Apparently, they will continue to do business online and via Amazon.com.
http://www.bloomberg.com/news/2014-04-10/j-r-music-shutters-after-43-years-a...ttan-icon.html
I loved their old building on Park Row downtown. A really interesting place with a lot of atmosphere, even if my wife thought it was kinda creepy. I wish the Friedmans the best of luck.