Photo retailer, Calumet, has filed Chapter 7 bankruptcy and closed all of its US stores (the UK Calumet brand is an entirely different company). Employees found out early this morning when they were told not to come to work or arrived at work to find the store was closed. [Read more…]
18 Ritz Camera Stores Reopen Under New Ownership After Bankruptcy
Last Sunday, 18 Ritz Camera stores reopened after bankruptcy auction with new ownership. C&A Marketing Inc. purchased the Ritz Camera Family of brands including Ritz Camera, Camera World, Wolf Camera, Inkley’s Photo and Camera West during the September 2012 bankruptcy auction. This included all the retail stores, supporting websites and social media accounts, as well as the RitzPix.com online imaging business. [Read more…]
Ritz Interactive Files Bankruptcy
Ritz Interactive, the parent company of RitzCamera.com, WolfCamera.com and CameraWorld.com (among others), has filed Chapter 11 bankruptcy. [Read more…]