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16 Jewelry Stores to Reopen Under New Ownership

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They were part of a chain that folded.

Sixteen Ben Moss Jewellers stores are reopening in Canada under the ownership of Halifax-based Charm Diamond Centres, which has acquired rights to the brand.

In fact, seven of them have already opened their doors, the Kelowna Daily Courier reports.

Winnipeg-based Ben Moss Jewellers last year closed its 54 store locations after 106 years in business. A weak Canadian dollar and a soft economy in Western Canada were two factors that contributed to the retailer’s struggles.

So far, locations in Calgary, Winnipeg, Edmonton and Saskatoon have reopened, and one in Kelowna was set to open its doors any day now, according to the Daily Courier.

The 16 stores will operate under the Ben Moss name. The name “was still well known and respected, especially in its birthplace of Western Canada,”  the newspaper reports.

Read more at the Kelowna Daily Courier

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Thinking of Liquidating? Think: Wilkerson

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