Headlines

The Family Jewels

Friedman’s seeks to emerge from bankruptcy for 2005 holiday season

Published

19 years ago

August 8, 2005

admin1

Bankrupt jewelry retailer Friedman’s Inc. (Savannah, Ga.) has filed a proposed plan of reorganization as part of an effort to emerge from Chapter 11 bankruptcy protection by November, before the 2005 holiday sales season.

The proposed plan of reorganization reflects the outcome of extensive negotiations between Friedman’s and Harbert Distressed Investment Master Fund Ltd. The retailer filed for voluntary Chapter 11 bankruptcy protection in January.

Harbert manages approximately $3 billion in debt and equity investments in turnarounds, restructurings and event driven situations.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design