Ritz seeks approval for sale of Boater’s World
BELTSVILLE, Md. — Ritz Camera Centers has filed a motion in bankruptcy court seeking approval of bidding procedures for the sale of its Boater’s World business, according to a report on NetDockets.com. Ritz filed for bankruptcy Feb. 22.
“Ritz currently operates 130 Boater’s World stores, but has determined that it should exit the Boater’s World business either through a going concern sale or by liquidating those assets,” according to NetDockets.
The motion seeks approval of the following timeline for the bidding process:
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