Category: Technology Author : JR Posted: April 3, 2009
Tags : ritz camera, ritz camera bankrupt, ritz camera closing, Ritz Camera Going Out of Business, ritz camera liquidation, ritz camera locations
Ritz Camera is closing about 300 of its stores across America, the company has announced. The move follows Ritz Camera’s bankruptcy declaration this February. About 400 stores will remain in business.
Ritz Camera Going Out of Business
For the 300+ stores that are closing, more than $50 million worth of merchandise will be liquidated starting this Saturday, April 4. Ritz Camera says the sales will continue “until everything is sold to the bare walls.”
Will the deals top what we saw at Circuit City’s closing sales earlier this year? Hard to say. Ritz promises “greatly reduced prices,” but only the numbers will actually tell.
Ritz Camera: Stores Closing
The following is a full list of which Ritz Camera stores will go out of business and begin immediate liquidation (click the magnifying glass to enlarge the text):
May 28, 2009
Ritz Camera, as a Company is a joke. I should know, I worked there for 5 years as both a sales associate and a manager thru the liquidation. Am I digruntled? YES ! What will I do about it? I'm writing it all here.
Basically, they took the 450 stores and over 2,000 employees and threw them under a bus, There was absolutely NO communication, no one, from top to bottom knew ANYTHING. And all thru the entire 6 to 8 weeks, it was nothing less than a huge clusterfuck. District managers were of no help when questions needed to be answered, and even LESS from regional managers.
In my opinion, the fault is LESS the economy and more David Ritz, an arrogant, greedy moron who doesn't know his ass from his elbow. Here's a guy who was more upset that they came and repossessed his jet plane than the fate of 2,000 employees.
I could go on & on, but why bother. The rest of the cahin will most likely go in a year or two.