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 ...

Ritz Camera Centers Inc., a 91 year old company that is one of the largest stores in America has filed Chapter 11 due to the worsening economic crisis the world is experiencing today. Ritz also operates 800 stores in 40 states under the names Ritz Camera, Wolf Camera, Kits Cameras, Inkley's and The Camera Shops. ...

We have some bad news for all you Polaroid lovers. The company is not going to make it anymore in this fancy digital technology world so it decided to go for bankruptcy. The company will discontinue its instant film and after filing for Chapter 11 bankruptcy and restructuring they might be still launching a new ...