Monday, April 6, 2009

Another Company files Ch. 11




Posted By: Sean Brown


Ritz Camera Center Inc. is closing four of its Houston-area photo stores and more than 300 nationwide and is holding liquidation sales as part of its reorganization efforts under Chapter 11 protection.

The area stores to be closed by the Beltsville, Md.-based camera retailer are:
Ritz Camera Big Print One Hour, 5000 Katy Mills Circle #719, Katy

Wolf Camera, 5161 San Felipe, Suite 180, Houston

Wolf Camera, 5706 Highway 6, Missouri City

Ritz Camera, 11691 Westheimer Rd., Suite 130, Houston

Ritz filed for Chapter 11 protection Feb. 22 in U.S. Bankruptcy Court in Wilmington, Del.
In late March it won court approval of rules governing the sale of store assets. Ritz said it will have about 400 stores left after the shutdown.
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