M.J. Christensen Store Closing and Chainwide Consolidation Sale Offers Deepest Discounts in Las Vegas Retailer's 70-Year History
Galleria Mall Location to Close Following $10 Million Sale at All 4 Stores
| Source: M.J. Christensen
LAS VEGAS, NV--(Marketwire - April 29, 2009) - M.J.
Christensen, the venerable jeweler known for its sumptuous showrooms
filled with chic brands, is offering discounts of up to 70%-off on
thousands of designer creations as part of an eight-week consolidation sale
at all four of its Las Vegas stores.
The nationally known retailer -- which is among the 5% of U.S. jewelry
stores to gain entry into the prestigious American Gem Society --
is closing its Galleria Mall
location in Henderson, but will continue operating its freestanding stores
at Boca Park and Montecito Marketplace, both in Las Vegas, and at Eastern &
Coronado in Henderson. Beginning this week, the consolidation sale at all
four locations features thousands of items, including fine watches and an array of bridal and fashion pieces. The
inventory is valued at more than $10 million at retail. The sale is being
managed by Agoura Hills, Calif.-based Buxbaum Jewelry Advisors, a division
of Buxbaum Group, a nationally known turnaround advisory and inventory
liquidation firm.
"Among the brands represented in this sale are Charriol, Raymond Weil, Suzy
Fabrikant, Jose Hess, and Bedat & Co.," said Cliff Miller, M.J.
Christensen's president and CEO. "Many of the designers with whom we work
enjoy the challenge of creating pieces in a variety of price-points.
Consequently, there will be something for everyone in this extraordinary
sale, with prices ranging from $25 to a quarter of a million dollars."
Passionate about diamonds and fine
jewelry, Miller has guided M.J. Christensen through significant growth
since joining the company in 2000 from Augusta, Ga.-based A.A. Friedman Co.
Under his leadership, the local retailer earned a reputation among
collectors for its focus on customer service as well as its exclusive
inventory. "We successfully recruited national and international designers
who were previously not represented in the Valley," Miller noted. "We also
have been trained to serve people, not sell them. We try to understand our
clients' desires and provide them with informed options and suggestions."
Like other jewelers, M.J. Christensen has experienced a sales slowdown
concurrent with the housing collapse and recession. The consolidation
sales, by far the largest in the company's 70-year history, represent an
opportunity for discerning shoppers to acquire truly unique pieces at
prices never seen before, said Miller, whose wife, son, daughter and
daughter-in-law are part of the business. "These are absolutely unheard-of
prices," he commented. "As we re-price this merchandise, my wife is doing
double-takes at the discounts."
Sale hours at the Galleria Mall location are from 10 a.m. to 9 p.m., Monday
through Saturday, and 11 a.m. to 6 p.m. on Sunday. Sale hours are 10 a.m.
to 7 p.m., Monday through Saturday, and noon to 5 p.m. on Sunday at the
Henderson location, which is at 10400 S. Eastern Ave.; and the Boca Park
location, 8980 W. Charleston Blvd. Sale hours at the Montecito Marketplace
location are 10 a.m. to 6 p.m., Monday through Saturday. See the M.J.
Christensen web site at http://www.mjchristensen.com/locations.php for
complete details and directions.
All standard forms of payment accepted. For further information on the
sale, contact the M.J. Christensen Corporate Office, 702-732-0138. On the
Web, at http://www.mjchristensen.com/
About Buxbaum Jewelry Advisors/Buxbaum Group
Buxbaum Jewelry Advisors (http://www.buxbaumgroup.com/buxjewelry.htm) has
assembled a team of jewelry professionals that have provided wholesale and
retail jewelers with financial solutions for more than 20 years. It offers
a wide range of services and can meet the needs of both financially
distressed and profitable jewelry retailers and wholesalers. It is a
division of Agoura Hills, Calif.-based Buxbaum Group, which has built its
reputation for over 30 years as one of the largest liquidators and
appraisers of retail and wholesale inventories across North America. While
continuing to operate in those areas, the company has shifted its primary
focus in recent years to turnaround investing and advisory services.