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Industry Center - Electronics Stores
Industry Center > Electronics Stores > Ritz Camera Centers, Inc. Company Profile
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Ritz Camera Centers, Inc. Company Profile
Ritz Camera Centers began as a one-man portrait studio in 1918 and grew to become the largest photographic chain in the US with some 800 stores in 40-plus states. Today Ritz's 375 stores offer one-hour photofinishing, cameras, film, and photographic and optical products and services. Stores operate under names such as Ritz Camera, Wolf Camera, Kits Camera, Inkley's, and The Camera Shop; the company also sells online. Stung by declining sales in its photofinishing business (due to the shift to digital cameras) and rising oil prices, which hurt sales at its Boaters World subisidiary, the company filed for Chapter 11 bankruptcy protection in February 2009.
Contact Information
Address: 6711 Ritz Way
Beltsville, MD 20705
Phone:301-419-0000
Fax:301-419-2995
Financial Highlights
Fiscal Year End:December
Revenue (2007):1180.00 M
Revenue Growth (1 yr):2.60%
Employees (2007):10,150
Employee Growth (1 yr):0.00%
Key People
CEO: David M. Ritz
CFO: Tom Herman
Industry Information
Sector: Services
Industry: Electronics Stores
Top Competitors
Best Buy Co., Inc. (bby)
Walgreen Co. (wag)
Wal-Mart Stores, Inc. (wmt)
 


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