Tuesday, March 3, 2009

Macy's Losing Fine Jewelry Department


I just ran across this article on the Milwaukee Journal Sentinel website. Wow. The recession is real! This is getting bad...But if you're in the market for some fine jewelry, you might want to check out one of these Clearance Sales!
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By Doris Hajewski of the Journal Sentinel

Boston Store, Macy's and other department store chains around the country are losing their fine jewelry departments because the vendor is pulling out.

The departments have been operated for years by Finlay Enterprises under a lease with the department stores. Finlay, based in New York, also operates stores under the names Bailey Banks & Biddle; Carlyle; and Congress.

Finlay is having financial difficulties and has decided to get out of the department store business entirely.

Clearance sales are under way at the department stores. Chains in Wisconsin that are affected by the Finlay departure are Boston Store, Elder-Beerman, Herberger's, Younkers and Macy's.

FULL STORY

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