Local Business Alert: Penn Camera saying good-bye

Wednesday, January 4, 2012

   
The Washington Post Wednesday, January 4, 2012 4:05:48 PM
LOCAL BUSINESS ALERT

Penn Camera saying good-bye


Penn Camera Exchange, which has eight locations in the Washington area, filed for Chapter 11 bankruptcy protection today.

The Beltsville-based retailer is ending a 58-year run due to "a dramatic decline in sales performance during the preceding holiday period," according to a release.

Five of its stores will close immediately, while the remaining stores, including ones in Rockville and Tysons Corner, will hold clearance sales.


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http://wapo.st/zZbWi7



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