Fotomats thrived and became a public company in 1971 and listed on the New York Stock Exchange (NYSE) in 1977.
For several years, Fotomat was on the cusp of innovation, offering friendly service at good prices. Their biggest selling point being the "one-day" photo development. This, while the competition took two days or longer, helped feed America's love of efficiency.
It seems, however, that all good things must eventually come to an end. Fotomat's main product, the one-day development, was eventually made obsolete by one-hour photo development that was now wide-spread throughout other retail outlets.