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Bankrupt Jewelry Store Is Selling Off Everything — Including Its Iconic Chandelier

A move hurt the retailer’s business.

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Scheherazade Jewelers in Edina, MN, is shutting down, and everything must go — including its iconic chandelier.

The high-end store closed suddenly in March, then reopened in May for a 30- to 60-day going-out-of-business sale, the Star Tribune reports.

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According to the newspaper, the business in Edina’s Galleria filed Chapter 7 bankruptcy in March.

Owner Scott Rudd is no longer working in the store. It’s being staffed by “a couple of longtime employees and workers from Eaton Hudson liquidation company,” the Star Tribune reports.

In a recent Facebook post the store said it’s accepting silent bids for its chandelier, along with “a variety of other decor, artwork and furniture.”


Most merchandise in the store has been discounted 20% to 60%, plus another 10 % off the initial discount.  Proceeds will go to unpaid wages as well as other debt, according to the Star Tribune.

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The store’s financial troubles have been linked to a move from a high-visibility location in the Galleria to a less prominent one.

Read more at the Star Tribune

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Family Legacy, New Chapter: How Wilkerson Turns 89 Years of History Into Future Success

After 89 years of serving the Albany community, Harold Finkle Your Jeweler faced a pivotal decision. For third-generation owner Justin Finkle, the demanding hours of running a small business were taking precious time away from his young family. "After 23 years, I decided this was the time for me," Finkle explains. But closing a business with nearly nine decades of inventory and customer relationships isn't something easily managed alone. Wilkerson's comprehensive approach transformed this challenging transition into a remarkable success story. Their strategic planning handled everything from advertising and social media to inventory management and staffing — elements that would overwhelm most jewelers attempting to navigate a closing sale independently. The results speak volumes. "Wilkerson gave us three different tiers of potential goals," Finkle notes. "We've reached that third tier, that highest goal already, and we still have two weeks left of the sale." The partnership didn't just meet financial objectives—it exceeded them ahead of schedule.

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