Largest US Camera Store Seeks Bankruptcy Protection
DPReview
February 24, 2009
EXCERPT:
Ritz Camera, the largest dedicated camera retailer in the US has filed for Chapter 11 bankruptcy protection. The company, which owns over 800 stores across the country, under a series of names, including Wolf Camera, has proposed a restructuring plan that will aim to see the chain continue in some form. As part of this, the company has applied to the bankruptcy court for permission to continue to honor its customer loyalty and rebate schemes...
Court papers suggest that Ritz Cameras owes over $40 million to its two largest creditors: Nikon's US subsidiary Nikon Inc. and Canon USA, with a further $8.4 million owed to Fujifilm USA, a subsidiary of which owns around a third of the company. To put the $26.6 million owed to Nikon Inc. into perspective, it would represent somewhere in the region of 20% of Nikon Inc's expected annual operating income.
Showing posts with label canon. Show all posts
Showing posts with label canon. Show all posts
Friday, February 27, 2009
Tuesday, May 27, 2008
The CF/SD Performance Database
The CF/SD Performance Database Is Back Wednesday, April 16, 2008
By Rob Galbraith
Excerpt:
The CF/SD Performance Database, our collection of memory card write speed results from Canon and Nikon digital SLR cameras, is relaunching. We've updated the database with test data from the Canon EOS 40D, EOS-1D Mark III and EOS-1Ds Mark III plus the Nikon D300 and D3, introduced sortable results tables and more.
Results from other models will be rolled out in the days ahead, including for the Canon EOS 30D, EOS 5D and EOS-1Ds Mark II, as well as the Nikon D80, D200 and D2Xs. You'll also find card-to-computer transfer results for the latest CompactFlash cards, with more CompactFlash and SD/SDHC results to be posted soon.
Visit database.
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