NEW YORK — Samuels Jewelers Inc. filed for Chapter 11 bankruptcy protection last Monday in order to reorganize approximately $78 million in debt.
The Austin, Tex.-based jewelry retail chain, the nation’s eighth largest, said in a statement that it intends to conduct business as usual, and that all post-filing obligations to vendors, employees and others will be honored in the normal course of business. Samuels added that the bankruptcy filing, the chain’s third, is another step in the turnaround efforts it initiated more than two years ago.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)