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Ritz Closing 300 Camera Stores and Liquidating Boater's World

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Ritz Camera, which filed for bankruptcy protection in February, has announced its restructuring plan. It includes closing more than 300 Ritz Camera stores as well as liquidating the 120-store Boater's World chain.

Bankruptcies and Liquidations:

Potential Bankruptcies & Liquidation Impact: 1,362 confirmed closures out of about 2,476 stores

Announced Closings

Total Closings: up to 1,058 U.S. stores

Potential Impact of All Announcements to Date: 2,420 closures out of up to 3,534 potentially affected U.S. stores

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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