Brookline retail vacancies up, but some see hope Sep 25, 2009
Wicked Local staff photo by Kate Flock Bob Kelly and Irene Chang, owners of Wild Goose Chase, hope to reopen at 1355 Beacon St. after leaving a larger storefront down the street, where the store had operated for 32 years. By Neal Simpson/staff writer Wicked Local Brookline Posted Sep 24, 2009 @ 08:46 AM. (Brookline TAB, MA)
Rescuing Ritz Camera Aug 8, 2009
Ritz Camera had filed in February for reorganization under Chapter 11 the U.S. Bankruptcy Code ... Instead, he and a group that included family, friends and Ritz employees, enlisted SSG Capital Advisors LLC, to help find investors and banks to buy Ritz s assets and prepare the way for a new Ritz Camera ... He took the leadership of Ritz Camera in the 1970s and made the company his own with an aggressive acquisition strategy. (Washington Business Journal, DC)
Ritz Camera closes all but 1 Valley store Jul 29, 2009
Ritz Camera has closed all but one of its Phoenix-area stores, the second round of closures for the bankrupt chain this year ... The remaining local Ritz Camera store is in the Camelback Colonnade shopping center at 1928 E. Highland Ave. in Phoenix ... A customer looks at a camera at Ritz Camera in Scottsdale Fashion Square. (AZCentral -- Business)
Ritz Camera may have buyer; could keep stores open Jul 26, 2009
A federal bankruptcy court is expected to decide Thursday whether to approve the sale of Ritz Camera to its CEO and a group of investors, a move that could allow at least some of the company s stores to remain operational ... Ritz Camera spokesman Alex Goldman could not be reached for comment, and Ritz told other media outlets it would not comment on the case until the bankruptcy court makes a decision ... Ritz Camera also owned Boater s World, a boating-and-fishing supply retailer. (Business Journal of the Greater Triad Area)
Ritz Camera sale approved Jul 25, 2009
Ritz Camera had three stores in the Albany, N.Y., area. The company once operated more than 800 stores. (Albany Business Review, NY)
Will survival be a snap for Ritz Camera Centers? Jul 23, 2009
Will survival be a snap for Ritz Camera Centers. Article:Will survival be a snap for Ritz Camera Centers ... DTL Article:Will survival be a snap for Ritz Camera Centers. (San Francisco Chronicle -- Business)
Scenario develops for Ritz Camera revival Jul 23, 2009
GUILDERLAND -- The picture may be brightening for Ritz Camera after the company's chief executive officer outbid other parties at a bankruptcy auction for its assets ... The new company will be known as Ritz Camera , and will operate stores under the brands Ritz Camera , Wolf Camera , Kits Camera , and Inkley's Camera. (Albany Times Union)
Manhattan Storefronts Go Dark Amid Highest Retail Vacancy Rate Since 2001 Jul 18, 2009
Bankruptcies have added to the available space, forcing the closing of Richmond, Virginia-based locations in Manhattan and retailers such as Ritz Camera Centers Inc., which plans to liquidate. based in San Francisco, and Seattle-based Starbucks Corp. also have closed shops. (Bloomberg -- Canada)
For Ritz Camera, the picture grows darker Jul 11, 2009
GUILDERLAND -- The last Ritz Camera store in the Capital Region and hundreds of Ritz stores nationwide will be auctioned off later this month after the company failed in an effort to reorganize in bankruptcy court. Ritz filed a Chapter 11 petition in Delaware bankruptcy court last February and said it would close 300 of its 800 stores in April. (Albany Times Union)
Ritz Camera puts remaining stores on block Jul 10, 2009
Ritz Camera plans to sell remaining 400 stores - Business First of Columbus ... Ritz Camera plans to sell remaining 400 stores ... Ritz Camera is currently talking with two potential bidders. (Columbus Business First, OH)
Ritz Camera gives up reorganization efforts, plans to sell remaining stores Jul 9, 2009
Beltsville-based Ritz Camera says the lack of funds now forces it to auction off its remaining locations by the end of July. Ritz Camera Centers says, in a court filing, that it is talking with two potential bidders, although neither has been willing to sign a contract ... Ritz Camera's debt included $54. (Baltimore Business Journal, MD)
In brief: 5 Guys grows | Expensive parking | Harrison St. storage JV Jun 27, 2009
Five Guys Burgers plans to open a restaurant at the high-profile corner of Clark and Fullerton streets in Lincoln Park, replacing a shuttered Ritz Camera store. Five Guys, known for its wide array of hamburger toppings, plans to occupy 3,389 square feet in the Clark Fullerton Building, 2368 N. Clark St., which has been vacant since February when Ritzs parent company filed for Chapter 11 bankruptcy protection. (Crain's Chicago Business)
Down times hit downtown Apr 28, 2009
The store sign on the front door thanks customers for "allowing us to be a part of your lives and memories" and directs them to Ritz Camera in Menlo Park. "It's definitely a trend," said Sherry Bijan, president of the Palo Alto Downtown Business and Professional Association, which represents downtown business interests. (Palo Alto Online, CA)
Getting a rebate check from a bankrupt firm is a long shot Apr 19, 2009
Several readers wrote with similar questions, both about Circuit City and other businesses, such as Ritz Camera. Edgar Dworsky, a consumer lawyer who was director of consumer education at the state Office of Consumer Affairs and Business Regulation, suggests requesting a charge-back in writing from your credit card company. (Boston Globe)
Ritz Camera closing 9 Arizona stores Apr 8, 2009
for free extra services. Subscribe to Phoenix Business Journal. (Phoenix Business Journal, AZ)
Bottom Line: 84,217 tech jobs cut in 1Q of '09 Apr 8, 2009
Another one biting the dust: On Sunday, a liquidation sale began at the Ritz Camera store Glen Stroud manages in Noe Valley. Stroud's is one of 20 Bay Area and Northern California Ritz Camera and Wolf Camera outlets closing up shop as the Beltville, Md. (San Francisco Chronicle -- Business)
Ritz closing three Charlotte-area Wolf Camera stores Apr 7, 2009
Ritz Camera Centers Inc. is closing three stores in the Charlotte region and more than 300 nationwide. The Maryland-based camera retailer will cease operation of its Wolf Camera shops in Bank of America Plaza at 101 S. Tryon St. and at the Shoppes at University Place at 8925 J.M. Keynes Drive in Charlotte. (Charlotte Business Journal, NC)
Avoid being jilted at the altar Apr 6, 2009
While better known company filings such as Ritz Camera make the headlines, many smaller, independent businesses are also struggling. With the number of commercial bankruptcies on the rise, some brides and grooms are getting burned by bankrupt vendors. (The Augusta Chronicle)
Wolf Camera to close 3 Triangle stores Apr 6, 2009
The closings will leave Ritz Camera with eight Wolf Camera and two Ritz Camera locations in the Triangle. Beltsville, Md. (Triangle Business Journal)
Wolf Camera parent closing 5 Colo. stores Apr 6, 2009
Ritz Camera, parent of Wolf and Waxman, closing 5 Colorado stores - Denver Business Journal ... Ritz Camera, parent of Wolf and Waxman, closing 5 Colorado stores. (Denver Business Journal, CO)
Ritz Camera files for Chapter 11 in February; closes 9 DFW stores Apr 5, 2009
Ritz Camera Centers, Inc., the parent company of Wolf Camera, filed for Chapter 11 bankruptcy protection in February. The Maryland-based company is the nation s largest specialty camera and photofinishing retailer and operates nearly three dozen Wolf Camera stores in the Dallas-Fort Worth area as well as one Boater s World store in Lewisville. (McKinney Courier-Gazette, TX)
Ritz to close four Tampa area stores Apr 4, 2009
Ritz Camera to close four Tampa area stores - Tampa Bay Business Journal ... Ritz Camera to close four Tampa area stores. (Tampa Bay Business Journal, FL)
Ritz Camera to sell 400 stores Mar 28, 2009
Ritz Camera gets bankruptcy OK to sell 400 stores - The Business Journal of Milwaukee ... Ritz Camera gets bankruptcy OK to sell 400 stores ... Ritz Cameras has a location at Bayshore Mall in Glendale and one on West Capitol Drive in Brookfield, according to the firm's Web site. (Milwaukee Business Journal, WI)
Ritz Camera gets bankruptcy court OK Mar 28, 2009
Ritz Camera gets bankruptcy OK to sell 400 stores - The Business Review (Albany) ... Ritz Camera gets bankruptcy OK to sell 400 stores. (Albany Business Review, NY)
Wolf Camera parent gets OK to sell stores Mar 27, 2009
Ritz Camera, parent of Wolf Camera, gets bankruptcy OK to sell 400 stores - Denver Business Journal ... Ritz Camera, parent of Wolf Camera, gets bankruptcy OK to sell 400 stores. (Denver Business Journal, CO)
Ex-camera seller focuses on marketing Mar 23, 2009
That s what Chuck Wolf, founder and former chief executive of Wolf Camera, felt when his cousin s camera and photo finishing chain Ritz Camera recently filed for bankruptcy. Joey Ivansco/jivansco@ajc. (Atlanta Journal-Constitution)
Test your knowledge Feb 27, 2009
Ritz Camera filed for bankruptcy this week. Which of these is affiliated with Ritz. (Atlanta Journal-Constitution -- Metro)
Confidence Hits New Low Feb 25, 2009
Ritz Camera Centers Inc. filed for Chapter 11 bankruptcy protection in Delaware on Sunday. The 91-year-old company is the nation's largest retail photography chain. (San Francisco Chronicle -- Business)
10 NH Ritz Camera stores still open Feb 25, 2009
MANCHESTER, N.H. (AP) -- Ten Ritz Camera stores in New Hampshire still are open after the parent company filed for bankruptcy protection. Ritz, the nation's largest retail photography chain, said the company is analyzing which of its 800 stores nationally are profitable or can be made profitable quickly. (Concord Monitor)
Ritz Camera files for bankruptcy Feb 25, 2009
Feeling the pinch from sliding sales Beltsville-based Ritz Camera Centers Inc. has filed for Chapter 11 protection in U.S. Bankruptcy court in Wilmington, Del ... In the filing late Sunday Chief Restructuring Officer Marc Weinsweig said: The loss of revenues and profit margins from the diminution in the photo-finishing business proved too much of a burden, coupled with the losses experienced by the Boater s World business, for Ritz Camera to remain a profitable company under its current... (Washington Business Journal, DC)
