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Ritz Interactive Inc., the e-commerce network that includes RitzCamera.com, BoatersWorld.com and other retail shopping sites, reported 22% growth in merchandise revenue for the 4th quarter of 2007, which followed a 28% increase for the 3rd quarter. Annual revenue for all of 2007 grew 12% to $111 million.
Since its inception in April 1999, Ritz Interactive has grown into one of the Internet’s most successful retailers for well-known brick-and-mortar brands, offering online shoppers a large selection of consumer electronics products and accessories. In addition, the company offers no sales tax and free shipping on most photography items.
