Ritz Camera Closes 300 Stores Nationwide
A move that has been seen as an offshoot of the court-supervised bankruptcy organization of the specialty camera store, was the closure of 300 stores nationwide. The move will leave approximately 400 Ritz Camera stores still open around the country.
Retail inventory valued at more than $50 million will be liquidated at the stores that are being closed. Store closing sales offering substantial discounts on all inventory at those locations will begin on Saturday, April 4, and are expected to continue until everything is sold to the bare walls.
Among the thousands of products that will be available at reduced prices are digital cameras and accessories, digital SLR compact cameras, digital frames, binoculars, camcorders and video accessories, and other popular electronic items.
(Source) Press
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