Another One Bites the Dust
The largest camera store chain in the US has officially announced that not only will all Wolf Camera stores be liquidated, but the entire Ritz Camera empire will be shut down. The company was recently purchased by Hilco, a n industrial liquidation company, which plans to shut down the stores and liquidate all the assets. The Ritz warehouse has been shut down, the online printing service is going offline, and all the company’s social networking accounts have been deleted. Yikes. Stores will only remain open a few more months, so maybe you can swoop in and grab some deals before the doors close. If there’s any silver lining to this story, it’s that the photo lab and its services were reportedly purchased by a different company. This means that those services may re-emerge as new businesses under different names.
