Ritz Camera moved a few months ago from one side of Broadway between 88th and 89th Streets to the other to accommodate a soon-to-open TD Bank. TD was even nice enough to pay for their move.
But even that act of kindness couldn’t forestall obsolescence. The new store has been open for just a few months, and now it’s closing again, and this time it’s for good.
Ritz Camera & Image, a 94-year old company that was once the largest retailer of cameras in the country, declared bankruptcy for the second time and sold the company to liquidators at auction after no one else was willing to buy the business, Bloomberg reported.
The store will likely stay open until the end of October, an employee told us. There’s a liquidation sale going on, but as we’ve warned in the past liquidation sales aren’t always a deal.
For other recent Upper West Side openings and closings, click here.
Thanks to Ken Lupano, Amy and Emily for the tips.