Ritz Camera seeks bankruptcy protection
Ritz Camera, the largest dedicated camera retailer in the US has filed for Chapter 11 bankruptcy protection. The company, which owns over 800 stores across the country, under a series of names, including Wolf Camera, has proposed a restructuring plan that will aim to see the chain continue in some form. As part of this, the company has applied to the bankruptcy court for permission to continue to honor its customer loyalty and rebate schemes.
