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Ritz Interactive Q1 Sales Up 16%

5/26/2006 11:10:00 AM Eastern

Irvine, Calif. — Ritz Interactive, the e-commerce network that includes RitzCamera.com, WolfCamera.com and other online shopping sites, reported sales of $20.1 million for the first quarter of 2006, ended March 31, representing a 15.7 percent increase over the same period last year.

Ritz Interactive’s president/CEO Fred Lerner credited the increase primarily to strong corporate account sales and consumer demand for high-end single lens reflex digital cameras at the online retailer’s photo-specialty sites.

“Ritz Interactive’s continued growth reflects an ever-increasing demand for the high-quality lifestyle products and incredible convenience we offer,” Lerner said.