Ritz Camera Files Ch. 11.

The article reports on the Chapter 11 bankruptcy protection filed by U.S. specialty camera chain Ritz Camera. The company's assets and liabilities were valued between $100 million and $500 million. Other stores owned by the camera chain include Wolf Camera, Kits Cameras, Inkleys, the Camera Shops and the Boater's world chain. In 2008, the company earned nearly $1 billion in revenue, of which $580 million was generated by its consumer electronics and camera operations.