Ritz Camera

Zibby Parent Company Raised $10 Million
November 20, 2014

COGNICAL,, the parent company of Zibby, announced this week that it has raised $10 million in equity and debt financing, which it plans to use to "help e-retailers grow sales to nonprime and underbanked consumers."

Flexibility is Key to E-commerce Stability
June 20, 2013

 As more brick-and-mortar retailers close their doors—Circuit City, Blockbuster, Ritz Camera, CompUSA and Dixons, among others—and Amazon becomes more and more powerful, I am constantly asked by our manufacturer customers about how best to navigate an increasingly challenging landscape.

Best Buy Again Tops Dealerscope 101 CE Retailers
March 1, 2013

The retailers listed in Dealerscope’s registry of the Top 101 CE retailers in the United States and Canada rang up $233.49 billion in 2012, a modest 2.76 percent increase over the $227.22 billion earned in 2011. Chained to a weak economy, stubborn unemployment, sluggish sales and anemic stock performance, many CE retailers—including powerhouses such as Best Buy (1), Staples (8), Gamestop (10), Office Max (16), Sears (19) and Office Depot (23)—announced plans to close many bricks-and-mortar stores this year.

Some Ritz Camera Stores Reopened
November 16, 2012

C&A Marketing, Inc., has announced the reopening of 18 Ritz Camera & Image retail locations, as well as the online RitzPix.com. The move follows C&A's purchase of the Ritz brand following its bankruptcy earlier this year.

Recently Emerged from Bankruptcy, Ritz Camera Files Again
June 25, 2012

Fox Business reports Ritz Camera & Image LLC, Beltsville, Maryland, filed for bankruptcy protection in a U.S. court on Friday, less than three years after it emerged from its first bankruptcy. Ritz was purchased in a bankruptcy auction in 2009 by RCI, a group led by Ritz Camera President David Ritz, for about $33.1 million for the chain's 375 stores.

Ritz now operates almost 300 stores in 34 states, and listed their assets and liabilities of between $50 million and $100 million in the filing, according to Reuters.

Photo Specialty Pioneer Edward C. Ritz Passes
April 5, 2012

Edward C. Ritz, a photo specialty retail pioneer and a cofounder of Ritz Camera, died on March 30. Family-owned Ritz Camera Centers (the predecessor to Ritz Camera & Image) was founded as a portrait studio in 1918 by Benjamin Ritz , in the Ritz Hotel in Atlantic City, New Jersey.

Ritz Offers iPhone Printing
October 12, 2010

The newly reconstituted Ritz Camera & Image announced this week that it has launched a new version of its iPhone app