AUSTIN, Texas, Aug. 7, 2018 /PRNewswire/ — Samuels Jewelers, Inc. affirmed today that the Company’s approximately 122 stores and its e-commerce site are open for business and are continuing to offer customers great service and a curated assortment of merchandise in fine jewelry.
Samuels Jewelers, Inc. is implementing a court-supervised process in the United States that will allow the Company to restructure its finances while continuing normal business operations. The Company expects this restructuring process will enable it to significantly reduce its outstanding debt.
“We are confident that we are taking the right steps for Samuels Jewelers,” said Farhad Wadia, Samuels Jewelers’ CEO. “Our customers around the U…
Read the full article at: https://www.prnewswire.com/news-releases/samuels-jewelers-continues-normal-operations-during-financial-restructuring-process-300693585.html