Whitehall Jewelers Holdings, Inc., which operates 373 specialty jewelry retail stores, is conducting a court-ordered bankruptcy liquidation sale which began August 11, 2008. The sale was ordered by the bankruptcy court as a result of Whitehall’s Chapter 11 filing in June.
Silverman Jewelers Consultants is managing the liquidation along with Hudson Capital Partners, LLC, Great American Group, LLC, and Gordon Brothers Group, LLC.
Inventory is being liquidated at below market prices, in a sale that is expected to last approximately four and a half months. Merchandise to be sold will include a selection of diamonds, gold, precious and semi-precious jewelry and watches. The liquidation sale will involve 373 Whitehall store locations in 39 states, including 78 retail locations that were acquired in April 2008 from Friedman’s Jewelers.
Silverman Jeweler Consultants, Great American Group and Hudson Capital Partners also recently managed the successful liquidation of Friedman’s Jewelers.