Haggar Announces New Leadership



BJA Auctions Antique

& Estate Jewelry



Final Phase of Continental GOB Sale



Continental Jewelry Closing in Tampa



Unico Designs

the look to hold Two-Store retirement



Surya Capital in Association with BJA Purchase Robbins Diamonds Inventory



Jewelers Could Have

A Happier Holiday This Year



Maharaja's Loses Beachfront Store

as Oil Wary Tourists Avoid the Gulf



Buxbaum Group Relocates



Michael Lebowitz Joins

Buxbaum Jewelry Advisors



Lisa Ketrick Joins

Buxbaum Jewelry Advisors



Gold-Buying Helps Jewelers

Weather Great Recession



Buxbaum Jewelry Advisors

Helps Hoff Family Jewelers



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



Highly successful sale for

Henricks Jewelers Bonita Springs



M.J. Christensen Plans To

Reopen Under New Name



Filene's Basement Files

For Chapter 11



M.J. Christensen

Store Closing



Reviewing All 'Available

Business Options’ for Filene's



Jewelry Superstore Offers

Huge Discounts In

Going Out Of Business Sale



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



Buxbaum Forms Wholesale, Retail

Jewelry Liquidation Venture



Toys, Games, and Collectibles

Offered at Huge Discounts



Dismal Consumer Confidence

Undermines 'Immunity'

of Luxury Retail



Gigantic Inventory Clearance Sale

Makes Dream Kitchens A Reality



Western Wear Chains Offering Huge Savings at Special Inventory Sale



Shoppers Can Expect Quick Holiday  Bargains As Worried Retailers Cut Prices



Rosslyn Hotel Renovation

into Affordable and

Market-Rate Housing



Retailers's Shift Away

from Purchasing Contracts



Buxbaum Group Relocates

to Agoura Hills, CA



Downturn Means Uncertainty For

New Breed of Asset-Based Lenders



Collectors Art

Going-Out-of-Business Sale



Buxbaum Group Announces Senior Executive Changes



What Will the Holiday Season Bring



Marcos and York Join Buxbaum Group

Asset Appraisal Group



Acquisition of Honduran Factory to

Help Indosheen Regain Prominence



Buxbaum Group Readies

Indosheen for More Growth



 Confirmation Hearing on

Waterman Reorganization



Buxbaum Group

Gets Gramicci

Back On Track



Buxbaum Group the Key to

Sale of Rampage


Buxbaum Group Inventory
Appraisals Hit $5.0 Bil.
in 2003


David Buxbaum Named to Local
Airport and Hospital Boards



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

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


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


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


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.

Buxbaum Group, Appraisals, Appraisers, Asset Appraisal, Asset Recovery, Inventory Appraisals, Wholesale Inventory Appraisals, Retail Inventory Appraisals, Liquidations, Liquidators, Going Out of Business Sales, Special Event Sales, Turnaround Management, Paul Buxbaum, Stevan Buxbaum, Scott Rusczyk, Jim Siebersma, Chris York, John Marcos, Arnold Rubenstein, David Buxbaum, Steve Buxbaum, buxbaumgroup.com, buxtrade.com, buxbaumjewelry.com, buxbaum.com