Friedman's Inc.

Source: Wikipedia, the free encyclopedia.
Friedman's, Inc.
Company type
Private
(Public prior to 2005)
IndustryRetail
Founded1920
FateBankruptcy
HeadquartersSavannah, Georgia
Key people
Bradley Stinn CEO
Victor Suglia CFO
Morgan Schiff & Co.-
Phillip Ean Cohen
Sterling Brinkley
ProductsJewelry

Friedman's Inc. was an American company that owned and operated fine jewelry specialty stores under the names Friedman's Jewelers and Crescent Jewelers. It declared bankruptcy in 2008 and had shuttered all stores by June 2008.

History

The company was established in

Wal-Mart
. This fits with their core demographic of lower to middle income customers between 18 and 40.

Due to a bankruptcy filing in early 2008, Friedman's and Crescent liquidated all of their stores save for a small number of locations purchased by Whitehall Jewelers Inc. for approximately 14 million dollars. Whitehall went bankrupt shortly after the purchase and began liquidating all of its stores in August 2008.

In 2009, Windsor Fine Jewelers, LLC based in Augusta, GA, purchased the trademark "Friedman's Jewelers" and opened a location in Augusta, GA. In 2017, they launched the www.friedmans.com e-commerce platform.

References and links