Monday, 07 April 2008
I was not surprised, but not happy with the news that Friedman's jewelers was liquidating. I had been reading for several months that the industry did not expect them to re-emerge a second time from bankruptcy. I have done the work for 9 Friedman's store at one point or another. Some had left in search of local repair shops, some just used us a couple of times for special jobs. They had closed two locations on me, and two others had been turned to centralized repairs thru the home office for not following mark up procedures. But the last one had been hit by a tornado and was being rebuilt. I had gotten word that the store manager had been moved to a temporary store in another city and that that store was interested in coming back on board with us, when I was told 6 hours later that they were liquidating and all my invoices needed to be in to the home office by 5pm the following day in order to be paid. I was looking forward to another Friedmans account, but alas it was not meant to be. Maybe the Lord foresaw this and that is why the tornado hit the one I did work for, that way they could not build up a large balance I would have to stress about getting paid for.