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.

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