RitzCamera

Ritz Camera CEO David Ritz, along with a group of investors won the assets of his company at a bankruptcy auction. If approved by the court, they will retain ownership of the company and its 375 stores for just $33.1 million. And, they get to leave the company's $54 million debt behind though. Ritz...

Ritz camera is throwing in the towel and looking to either sell or liquidate all its remaining stores. It's been a bad month for the photography business, first Kodachrome goes away and now Ritz. Founded in 1918, the single camera shop grew to roughly 800 stores following the acquisition of rival...

In the pursuit of bankruptcy reorganization, Ritz Camera will be closing 300 of its nationwide retail locations. Ritz Camera, the nation's largest specialized photographic and video equipment retailer, expects to see a reduction of nearly 50% of its national retail footprint due to this downsizing....