Correction
Canon not selling to Ritz isn't part of the bankruptcy proceedings. The issue is Ritz got to write-off a ton of debt to Canon.

Canon & Ritz couldn't work out a new deal before the Christmas season.

Thanks for the clarification Eric

Not until 2010 at the earliest
Canon will not be selling them any new stock for the Christmas season to Ritz Camera. Canon will sell to the retail chain during Q1 2010 at the earliest.

Ritz will be sending existing Canon stock to the “Ultra Store” locations. Apparently they're for the higher end gear.

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41 Comments

  1. I used to work for Wolf when it was owned by Chuck Wolf nad we were a real camera store. When it went bankrupt and David Ritz took its reputation down the crapper he also took along the morale of the “real” photographers that worked there. To say that the CLERKS that work in a Ritz owned store are photographers is like saying people that work at Build-A-Bear are professional stuffed animal manufacturers. I’m glad I blew that dump and am laughing my ass off that Ritz is losing his shirt. I do feel for the employees, however. Get out now. It’s not goung to get better. Two years from now there will not be a Wolf Camera or a Ritz.

  2. Ritz camera is a good place to work for. As for service and knowledge I think it depends on who helps you when you walk in, because there are salespeople and lab people. . we strive to make sure everyone gets the best help possible. . as for canon. . it will come back soon, but is definitely not vital for Ritz to survive. . canon is a good brand but there is better stuff out there for less money. . .also there is always going to be someone that sees a price on the internet cheaper than retail all the time. . but as a retail stand point a customer will always get the best price locally and help with the item they purchased. . something they wont get online! All the stores that needed to close did. . there are only good stores now. its a new company and the future is bright. . .people that were let go and the stores that closed needed to do so for a reason. . kinda like when ur hungry you need to eat. .

  3. WOLF CAMERA DOES NOT DO PRICE MATCHING! Wolf camera lied to me too about the price matching! They are the biggest scam artists around and I will never shop at that rip off joint ever again! They told me that they can do price matching, and when I found a Nikon D5000 online at B&H for $686.95 with shipping and tax included they later told me that they couldn’t match there price, so I ordered it through B&H. Wolf lost the deal. Never shop at these stores they jack up their prices on everything and say they are having a sale but your still paying more than alot of these other places! If you need a great camera, B&H is the only way to go. They beat everyone hands down. Also NO Shipping or Taxes if you live out of state.

  4. Do you live in New York?

    I have yet to find a major chain that does not directly operate a .com operation in concert with their stores that match websites.

    Fixed overhead is about 17% more for physical retailers than .coms

    Having a physical retailer not match an out of state internet price doesn’t seem like a scam to me…

    But then again, I seem to live in a part of the country where the customers aren’t tossers and the stores have decent staff…

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