BALTIMORE, Feb. 28, 2013 /PRNewswire/ -- Under Armour and USA Gymnastics today announced that Under Armour, Inc., the Baltimore, MD-based leader in athletic performance gear, will provide performance apparel, footwear, and accessories for the USA...
Ritz Camera & Image, which calls itself the largest U.S. chain of specialty camera shops, filed for bankruptcy for the second time in three years after the founding family failed to turn around the 94-year-old retailer. Ritz listed debt and assets of at least $50 million each in Chapter 11 court papers in federal court in Wilmington, Delaware. The company, with sales of $254 million in the 12 months before April 30, said it wasn't making enough money to justify keeping open all its 265 stores.
Washington Business Journal Beltsville-based Ritz Camera & Image said it filed for Chapter 11 bankruptcy protection, the second time the photography retailer has taken such action, The Washington Post reported. The company is evaluating which of its 265 stores to close to create a more efficient national chain. See all your followed company news on your personalized dashboard. To access the full benefits of bizWatch and receive a weekly email with aggregated news on all the companies you are following, please provide your email address below. Sign Up Now You must have a bizjournals account to follow a company.
New York Knick Jeremy Lin Photo By Chris Trotman for Most Recent Articles On People More Articles By New York Knicks’ Jeremy Lin has fascinated sports fans, and athletic retailers are hoping to capitalize on the “Linsanity.” Ever since the basketball player led his team to an unexpected streak of wins, starting on Feb. 4, Lin’s jersey has been the top seller on NBAstore.com. Sportsonesource reported that sales of all NBA-licensed product were up 19 percent last week, with sales of Knicks-licensed merchandise doubling over last year. Lin’s meteoric rise to fame has also drawn more eyes to
St. Louis -- Build-A-Bear Workshop will open a store in Sinai Hospital in Baltimore, Md., on Feb. 27. This will be the chain’s second store located inside a hospital. “When kids are sick or injured, making a new furry friend is a great way to take their...
A whopping 82 percent of shoppers use their mobile phone while in the store, echoing the immediate need for marketers to develop a mobile presence for the 2010 holiday buying season.