Daniel Platt, senior vice president, capital markets, for Great American Group, said, “Long-time Ritz Camera customers as well as those with any interest in cameras, photography and video-related products will find a tremendous selection of quality, brand-name merchandise at greatly reduced prices.
Shoppers looking for distinctive and unique gifts will find these sales particularly appealing, as well.” Among the thousands of products that will be available at reduced prices are digital cameras and accessories, digital SLR compact cameras, digital frames, binoculars, camcorders and video accessories, and other popular electronic items. J., in 1918, the Beltsville, Maryland-based privately held chain quickly grew to become the country’s leading supplier of photography products, equipment and services.
1.2 "Auction Internet Site" means (a) the auction Internet Site maintained and/or operated by e Bay or (b) any other Internet auction site.
1.3 "Big Print Gallery Business" means the uploading or receipt of digital files from customers for online viewing and comment by the public on the RII Network.
The move will leave approximately 400 Ritz Camera stores still open around the country.
Retail inventory valued at more than million will be liquidated at the stores that are being closed.
Unlike the traditional 4×6 prints used for film, Ritz's 6D prints reflect the different aspect ratio of 4:3 digital images. In July 2003 Ritz Camera introduced Ritzpix.com, which also offers customers online ordering and in-store pickup within an hour. In 2010, customers had an option on to have an online order delivered next day to their home at no extra charge.Ritz Camera & Image is a photographic retail and photofinishing specialty store, headquartered in Edison, New Jersey.The company owns and operates a chain of six locations throughout the United States under the names Wolf Camera, Inkley’s and Ritz Camera. Weinsweig, Chief Restructuring Officer and Chief Operating Officer, In Support of Chapter 11 Petition and First-Day Motions. (Attachments: 1 Exhibit "A") (Pernick, Norman)Docket Text: Application to Appoint Claims/Noticing Agent (Motion for an Order Appointing Kurtzman Carson Consultants LLC as the Official Claims and Noticing Agent and to Provide Other Essential Services to the Debtor). (Attachments: 1 Exhibit "A" - Affidavit of Michael Frishberg2 Exhibit "B" - Services Agreement3 Exhibit "C" - Proposed Form of Order)(Mc Kinley, Karen)Docket Text: WITHDRAWN 2/23/2009, SEE DOCKET #14.Motion to Pay Employee Wages (Motion for an Order (i) Authorizing Payment of Prepetition Wages, Compensation, Employee Benefits, Expenses Reimbursements and Related Items, and the Continuation of Certain Employment Policies in the Ordinary Course, and (ii) Authorizing and Directing Applicable Banks to Honor and Pay all Checks and Payment Requests With Respect Thereto). (Attachments: 1 Exhibit "A" - Proposed Form of Order)(Mc Kinley, Karen) Modified on 2/23/2009 (TAS). Section 362; (C) Authorizing Debtor to Enter into Agreements with Wachovia Bank, National Association, as Agent; and (D) Scheduling a Final Hearing Pursuant to Bankruptcy Rule 4001). (Attachments: 1 Exhibit "A" - Ratification and Amendment Agreement2 Exhibit "B" - Existing Loan Agreement (Part 1)3 Exhibit "B" - Existing Loan Agreement (Part 2)4 Exhibit "C" - Proposed Interim Order5 Exhibit "A" - to Proposed Interim Order)(Mc Kinley, Karen)Docket Text: Notice of Appearance (Amended) Filed by GGP Limited Partnership, Centro Properties Group, Federal Realty Investment Trust, Kravco Simon Company, Levin Management Corporation.At one point, after acquiring Wolf Camera, Kits Cameras and a number of other companies, Ritz Camera had over 800 stores in more than 40 states across the country.Financial troubles, however, caused the company to file for Chapter 11 bankruptcy protection in February, 2009.