Doesn't Chapter 11 mean re-organization, not death? So, Ritz isn't dead yet, just "tired and shagged out following a prolonged squawk".
Yeah, Ritz had its problems, also its strengths. A big part of what killed them was paying rent in a mall. Ritz was primarliy located in malls.
They were not competitive on lens caps and other itmes on the widgit board, but would beat any "honest", not gray market, price on a camera.