Camera Stores Crying Wolf

CAMERA STORES CRYING WOLF Didn’t the country’s biggest retail camera chain already declare bankruptcy and close a bunch of its Wolf Camera and Ritz Camera stores in Houston? Yeah, but that was back in 2009; now the successor company is going down that path again, a couple years after bouncing out of bankruptcy protection. In a news release, the company’s restructuring officer makes it all sound like part of a pretty picture: “To achieve our strategic vision of a super-store chain offering unique value-added services . . . it became necessary to implement this vision through a Chapter 11 filing.” Ritz Camera & Image, which has its headquarters in Maryland, is “evaluating which of its 265 stores to close, including at least three stores in the Houston area.” [Houston Business Journal; previously on Swamplot]] Photo of Rice Village store: Wolf Camera