 On September 6, 2012, liquidation specialists Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC won an auction for Ritz Camera's assets and began the process of closing most of the 137 stores that remained.New Jersey-based camera distributors C&A Marketing have acquired the online RitzPix business and will operate a few of the retail locations across the country.On September 10, 2012, it was announced that all Ritz, Wolf and other associated subsidiaries would close by the end of October, while a few would reopen under C&A Marketing alongside Ritzpix and RitzCamera.com on November 1, 2012, and other stores were sold individually or in small groups to other retailers, including three locations to Calumet Photographic.