Ritz to close five metro-area stores

April 04, 2009|By Lorraine Mirabella

Beltsville-based Ritz Camera Centers Inc., the largest U.S. camera store chain, said it will begin liquidating more than 300 stores nationwide as part of a court-supervised bankruptcy reorganization.

Five of those stores are in the Baltimore area, according to a list of closures the company distributed Thursday night.

The move will leave about 400 Ritz Camera stores open around the country, including 11 that will continue to operate in the Baltimore area.

Liquidation sales locally are scheduled for Ritz stores in the Gallery at Harborplace in downtown Baltimore; Arundel Mills mall in Hanover; the Rotunda shopping center in Hampden; The Can Company in Canton; and The Avenue at White Marsh.

Sales are set to begin Saturday and "are expected to continue until everything is sold to the bare walls," the company said in a statement.

Ritz, which filed for Chapter 11 bankruptcy in February amid slumping sales, is also closing Maryland stores in Gaithersburg, Wheaton, Kensington, Bethesda, Silver Spring and Hagerstown.

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