4.16.12

Haggar Announces New Leadership

 

3.19.12

BJA Auctions Antique

& Estate Jewelry

 

2.28.12

Final Phase of Continental GOB Sale

 

11.29,11

Continental Jewelry Closing in Tampa

 

11.15.11

Unico Designs

the look to hold Two-Store retirement

 

3.2.11

Surya Capital in Association with BJA Purchase Robbins Diamonds Inventory

 

11.11.10

Jewelers Could Have

A Happier Holiday This Year

 

8.23.10

Maharaja's Loses Beachfront Store

as Oil Wary Tourists Avoid the Gulf

 

7.28.10

Buxbaum Group Relocates

 

6.29.10

Michael Lebowitz Joins

Buxbaum Jewelry Advisors

 

6.21.10

Lisa Ketrick Joins

Buxbaum Jewelry Advisors

 

5.14.10

Gold-Buying Helps Jewelers

Weather Great Recession

 

3.29.10

Buxbaum Jewelry Advisors

Helps Hoff Family Jewelers

 

1.12.10

Rapid Sale of $1.5 M Inventory Shows  Demand for Value Jewelry

 

6.18.09

Highly successful sale for

Henricks Jewelers Bonita Springs

 

5.06.09

M.J. Christensen Plans To

Reopen Under New Name

 

5.04.09

Filene's Basement Files

For Chapter 11

 

4.29.09

M.J. Christensen

Store Closing

 

4.23.09

Reviewing All 'Available

Business Options’ for Filene's

 

3.24.09

Jewelry Superstore Offers

Huge Discounts In

Going Out Of Business Sale

 

11.26.08

Retailers to Shout 'Value!' from the Rooftops This Holiday Season

 

9.24.08

Buxbaum Forms Wholesale, Retail

Jewelry Liquidation Venture

 

7.21.08

Toys, Games, and Collectibles

Offered at Huge Discounts

 

7.17.08

Dismal Consumer Confidence

Undermines 'Immunity'

of Luxury Retail

 

7.17.08

Gigantic Inventory Clearance Sale

Makes Dream Kitchens A Reality

 

3.12.08

Western Wear Chains Offering Huge Savings at Special Inventory Sale

 

11.05.07

Shoppers Can Expect Quick Holiday  Bargains As Worried Retailers Cut Prices

 

10.24.07

Rosslyn Hotel Renovation

into Affordable and

Market-Rate Housing

 

9.10.07

Retailers's Shift Away

from Purchasing Contracts

 

7.09.07

Buxbaum Group Relocates

to Agoura Hills, CA

 

5.03.07

Downturn Means Uncertainty For

New Breed of Asset-Based Lenders

 

2.22.07

Collectors Art

Going-Out-of-Business Sale

 

11.02.06

Buxbaum Group Announces Senior Executive Changes

 

10.23.06

What Will the Holiday Season Bring

 

10.18.06

Marcos and York Join Buxbaum Group

Asset Appraisal Group

 

4.12.06

Acquisition of Honduran Factory to

Help Indosheen Regain Prominence

 

1.03.06

Buxbaum Group Readies

Indosheen for More Growth

 

11.09.05

 Confirmation Hearing on

Waterman Reorganization

 

10.25.05

Buxbaum Group

Gets Gramicci

Back On Track

 

10.20.05

Buxbaum Group the Key to

Sale of Rampage

 

2.17.04
Buxbaum Group Inventory
Appraisals Hit $5.0 Bil.
in 2003

 

1.7.04
David Buxbaum Named to Local
Airport and Hospital Boards

 

12.24.03

Right Start Stores Now in
Liquidation Mode, As Court
Rejects Offer On Business


12.9.03
Buxbaum Group Inventory
Appraisals Exceed $3.5 Bil.
on Target to Reach $5.0 Bil.
for 2003

 

12.4.03
Inventory Clearance Sales
Begin in All 142 FAO Schwarz,
Zany Brainy, and the
Right Start Stores

 

3.27.03
Buxbaum Group Appraised
Approx. $4.0 Billion
in Inventories in 2002

 

2.28.03
Court Approves GOB Sales
For Troutman's Emporium;
Buxbaum Group, Others
to Run Liquidation

 

JEWELRY SUPERSTORE IN BONITA SPRINGS, FLA. OFFERS HUGE DISCOUNTS IN GOING-OUT-OF-BUSINESS SALE VALUED AT APPROXIMATELY $8 MILLION - Now under bank control, Henricks Jewelers sheds its inventory in a bid to pay off creditors.

BONITA SPRINGS, Fla. (3/24/09) – Henricks Jewelers, the 27-year-old jewelry superstore that earned a reputation for its diverse collections of designer pieces and quality gemstones, is liquidating the entire inventory of its 12,000-sq.-ft. Bonita Springs showroom at discounts of 40% to 80% off. The inventory is valued at approximately $8.0 million at retail.

The ongoing, 60-day sale at 27820 Tamiami Trail spans thousands of items, including precious diamonds, rubies, emeralds and sapphires; semi-precious blue topaz, amethysts and pearls; a wide variety of watches (including pre-owned Rolexes), as well as rings, bracelets, necklaces and earrings made from gold, silver and platinum and set with diamonds and fine gemstones. The sale also includes a selection of diamond engagement rings offered at below wholesale cost. Discounted prices start at under $100.

“The U.S. jewelry sector is contracting along with the economy, and national and regional chains alike are struggling to stay afloat,” said Gary Jorgensen, vice president of Buxbaum Jewelry Advisors, which is conducting the going-out-of-business sale on behalf of the financial institution which took possession of the store’s inventory following a bankruptcy judge’s order last week. “The good news for price-conscious consumers is that this trend is creating once-in-a-lifetime buying opportunities. The Henricks Jewelers sale is a perfect example.”

Originally founded in 1982 by Henry Grimes and his son Rick (“Henricks” is a play on their first names) Henricks Jewelers was one of the highest-volume independent jewelers in the United States for much of its history. Its holiday promotions, in particular, attracted bargain-hunters from across southwestern Florida.

The retailer, which was purchased by Luxury Ventures LLC in 2003, has operated other locations in Alaska, Naples, Sarasota and Fort Myers. In recent years, however, it began losing market share to competitors, and its troubles mounted with the onset of the economic downturn, in part because it was saddled by debt acquired during its failed attempt to expand into local and national markets. Henricks filed for Chapter 11 bankruptcy protection in November 2007, emerged as a newly reorganized company in March 2008, but subsequently was unable to meet its financial obligations.

Sale hours are 9:30 a.m. to 6 p.m., Mon.-Sat. All forms of payment accepted.

About Buxbaum Jewelry Advisors/Buxbaum Group - Buxbaum Jewelry Advisors has assembled a team of jewelry professionals that have provided wholesale and retail jewelers with financial solutions for more than 20 years. It offers a wide range of services and can meet the needs of both financially distressed and profitable jewelry retailers and wholesalers. It is a division of Agoura Hills, Calif.-based Buxbaum Group, which has built its reputation for over 30 years as one of the largest liquidators and appraisers of retail and wholesale inventories across North America.

Press Contacts:  At Buxbaum Jewelry Advisors, Gary Jorgensen, 623-703-6929; at Parness & Associates Public Relations, Lisa Kreda or Bill Parness, (732) 290-0121, Sale contact info.: Henricks Jewelers, Bonita Springs, Fla.
 

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