Alpha Omega liquidation sale set to start tomorrow
The investment consortium that bought the assets of Alpha Omega Jewelers in a bankruptcy court-approved sale said that the liquidation sale of the chain's inventory will begin at its four stores tomorrow.
Everything must be sold before Ross-Simons, a Rhode Island-based chain, assumes the leases of Alpha Omega stores at Natick Collection and the Prudential Center in Boston, and items will be discounted to ensure fast sales, the consortium said.
The chain's other two stores are located in Harvard Square and at the Burlington Mall.
According to stories in the Globe data base, Alpha Omega Jewelers filed for protection under Chapter 11 of the US Bankruptcy Code last month. The filing came after owner Raman Handa unexpectedly left the country with his wife, son, and daughter, prompting the company's bank to seize Alpha Omega assets and temporarily close its stores just before Christmas.
(By Chris Reidy, Globe staff)
