Topeka Store One of Liquidated Boating Businesses

TOPEKA, Kan. - A bankruptcy court approved Ritz Camera's effort to liquidate the assets in all of its Boater's World Marine Centers, including a Topeka location, 1401 NW Moundview Drive.

The Washington Post reports the nation's largest photography retailer is trying to raise funds to pay off its mounting debt.

The Post article states the Beltsville-Based Company filed for Chapter 11 bankruptcy protection and is more than $54 million in debt.

Lawyers for the company told the Post they will also ask the court to approve selling off 400 of its Ritz stores.


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