One of the Southeast's oldest jewelers is closing its doors after 88 years.
Friedman's Jewelers will close its stores in York and Rock Hill and liquidate its remaining inventory as part of a bankruptcy plan filed in January.
Friedman's on East Liberty Street in York will be open through June as merchandise is marked down and sold, clerks said.
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"We've got a lot of merchandise still in stock," York store manager Duane Robinson said, noting current discounts are up to 75 percent off the normal price. "We just started the liquidation about a week ago, and a lot of people are waiting to see how low the prices go."
Robinson said sales this month are improved from last April thanks to the clearance pricing. He said prices will continue to drop until every diamond, pearl and gem stone is sold.
Friedman's, founded in 1920 in Savannah, Ga., sold 78 of its 455 stores to Whitehall Jewelers earlier this year. The remaining 377, including its 29 South Carolina stores, will be liquidated and shuttered along with the company, its spokeswoman, Melissa Jaffin, said Thursday.
-- The Herald
Lunch and learn
YORK -- Greater York Chamber of Commerce invites chamber members to a free Lunch and Learn sponsored by Edward Jones at noon Tuesday at the chamber office, located at 23 E. Liberty St., York. RSVP by calling Edward Jones at 684-3725 or the chamber office at 684-2590. Today is the registration deadline.
Robert W. Winkler, financial advisor with Edward Jones, will present a Fiduciary Responsibility Seminar. As fiduciaries are the principal or director of a company's retirement plans who hold a "special relation of trust and responsibility to the participants," the seminar's main goal is to outline duties defined by the Employee Retirement Income Security Act of 1974, ERISA, and the protective measures companies need to limit liability, but to also demonstrate compliance. The seminar will also focus on the ethics and responsibilities of business owners and managers.