Burglars Ram Dodge Ram Into Atlanta Camera Store
A Wolf Camera store in the Buckhead district of Atlanta, Georgia, was targeted by burglars who drove a truck through the front of the store in a smash-and-grab theft.
A Wolf Camera store in the Buckhead district of Atlanta, Georgia, was targeted by burglars who drove a truck through the front of the store in a smash-and-grab theft.
The Internet has won, and the United States' largest camera store chain will soon go the way of the Polaroid camera. We reported earlier tonight that the entire chain of Wolf Stores was slated to be liquidated, but it turns out the damage doesn't end there. A second source has now confirmed that the shutdowns go all the way up, and include Ritz Camera stores as well (Ritz Camera owns Wolf Camera).
Ritz Camera went under the hammer yesterday at a public auction, the latest chapter in the company's efforts to figure out a profitable business model in the increasingly Internet-driven business of selling camera gear. Among the things on the auction block yesterday was Wolf Camera, the competing chain of photo retail stores that Ritz acquired back in 2001. If you're a fan of Wolf Camera shops, here's some bad news: their days may be very numbered.
A source just informed us that all Wolf Camera shops are slated to be liquidated. He heard from a Wolf store manager friend that the chain was purchased by a liquidation company at the auction, and that exact time frames will be announced soon.
As we first reported back in June, Ritz Camera is putting itself on the auction block as …