- NEWS
- SPORTS
- Ducks go to shootout to douse Flames 2 hours & 44 minutes ago
- UCLA's 10 most notable wins over USC 1 hour & 11 minutes ago
- Flames' Iginla serves as inspiration 2 hours & 49 minutes ago
- Rookie goes from O.C. to NBA with big detour
- BUSINESS
- ENTERTAINMENT
- LIFE
- TRAVEL
- OPINION
South Coast Plaza, Shops at Mission Viejo stores to close
September 25th, 2009, 4:00 pm · 14 Comments · posted by Hang Nguyen, retail reporter
Finlay Enterprises will close all of its specialty jewelry stores, including its Bailey Banks & Biddle stores at South Coast Plaza in Costa Mesa and The Shops at Mission Viejo.
Going-out-of-business sales will begin Saturday, Sept. 26 and will last until all inventory is sold, according to Gordon Brothers Group, which is conducting the sales. Existing gift cards will be honored for the duration of the sale.
Finlay jewelry stores, including Bailey Banks & Biddle, Congress Jewelers, Carlyle & Co., J.E. Caldwell, Park Promenade and Zell Bros. locations, will offer savings on brands such as Mikimoto, Rolex, John Hardy, Roberto Coin, Baume & Mercier, Bulgari, Cartier, Chopard and Ebel. Brands and merchandise vary by location.
Finlay filed for Chapter 11 bankruptcy protection in August due to a challenging economic environment. Its Baily Banks & Biddle chain is a 175-year-old retailer that offers jewelry and watches under high-end name brands, with an average selling price of about $1,275 per item and an average store size of about 3,950 square feet.
More from OC Retail:
- Department store, tire maker respond to bankruptcy risk report
- Makeup brand sold at Nordstrom, Macy’s to shut down
- Home furnishings retailer reduces store closures by 60%
- Irvine to get 40,000-square-foot sports store
- $30,000 mattresses at 2 newly opened O.C. stores
- South Coast Plaza gives closing date for store
- Sears closes O.C. store
- Kohl’s gives opening date for 4 O.C. Mervyn’s stores
- Pottery Barn closes O.C. store
- Family may reopen Mervyn’s stores
- $35 movie ticket may be coming to O.C.
- Movie-rental chain to close up to 960 stores
- Toy retailer to open 5 O.C. stores
- Toy company files for bankruptcy
- South Coast Plaza retailer reportedly may file for bankruptcy
For more from OC Retail, see list of links on the right-hand side of this blog.
14 Comments
Leave a Reply
-
ADVERTISEMENT
-
Holiday Gift Guide
Get great gift ideas for everyone on your list! Visit The Orange County Register's Holiday Gift Guide. 
Store Closures, Clothing- Plus-size women’s clothing retailer to close more stores
- Discounter closes local store, opens O.C. exclusive concept
- Ann Taylor closes O.C. store
- Children’s retailer plans to close about 60% of U.S. stores
- Another clothing retailer to close O.C. store
- Another Fashion Island store closes
- Another department store to go out of business
- Outdoor retailer closes O.C. store
- Another big store at The Block closes
- Bella Terra store closes
- Store Closures, Home
- Home furnishings retailer reduces store closures by 60%
- South Coast Plaza gives closing date for store
- Pier 1 closes another O.C. store
- Another big O.C. furniture store to close
- 2 more Fashion Island stores to close
- 3 big O.C. home stores close
- Pottery Barn closes O.C. store
- BBQ retailer to close 2 O.C. stores
- Retailer files for bankruptcy, to close 3 O.C. locations
- Store Closures, Other
- Movie-rental chain to close up to 960 stores
- 100-plus O.C. store closures in past year
- Retailer wants to close about 85 stores, files for bankruptcy
- Big retailer closes 2 O.C. locations
- 2 Westminster Mall stores close
- Irvine Spectrum store closes
- 2 more stores close at The Block
- Eyewear retailer to close 117 stores
- O.C. bookstore to close
- Downtown Disney store to close
- Store Openings
- Apple vs. Microsoft rivalry goes to the mall
- South Coast Plaza debuts O.C. exclusive boutique
- Fashion Island debuts two O.C. exclusive decor stores
- The Market Place in Tustin debuts rug store
- ‘Affordable’ FAO Schwarz boutiques to open at Toys ‘R’ Us stores
- Irvine Spectrum to get O.C. exclusive retailer
- O.C. exclusive furniture store opens at Fashion Island
- Forever 21 to open 86,000 sq. ft. store at Mervyn’s near O.C.
- $30,000 mattresses at 2 newly opened O.C. stores
- Irvine to get 40,000-square-foot sports store
- Did You Know ...
- Department store, tire maker respond to bankruptcy risk report
- South Coast Plaza retailer reportedly may file for bankruptcy
- Clothing retailer with 7 O.C. stores emerges from bankruptcy
- Recall: 5.4 million items sold at Target, Ikea, other stores
- Struggling women’s clothing retailer to be sold
- Toy company files for bankruptcy
- Retailer plans to discontinue Irvine business
- Walmart remodels another O.C. store
- Is Target losing its bullseye?
- Top 5 closed retailers people miss
-
- New Style Binge blog
-
16th annual People's Choice
From your favorite restaurants and shops to the best day spa in town, here are your choices for the number one places to eat, shop and play in O.C.
Browse the 2009 Best of Orange County winners -
ADVERTISEMENT
No surprise. It turns out all of those people who pretended to be wealthy over the last 10 years really were just middle-class folks cashing in their HELOC loans for baubles and leased cars.
There’s more hurt heading to a mall near you in 2010.
Ha. Well said. My friend from Philadelphia notes that never has she seen so many lower level “professionals” driving BMWs and other expensive cars. People here definitely try to compete with the Jones’ and portray an image of “success”.
http://www.beyondthemargin.net/2008/08/escaping-burdens-of-consumer-debt.html
I lived in Philly for a while, although I’m an OC native, and that kind of stuff happened out there too. I knew far too many “mortgage professionals” in the Philadelphia/NJ region who thought they were the next Donald Trump and drove 7-series (or whatever they are) that they could not afford. I have friends who work in the NYC area and there are golddiggers there left and right. One of those friends works on Wall Street and gets dropped by chicks who would rather date an i-banker or insert some other more hyped-up, high-paying job.
I was born and raised here, and I really don’t remember ubiquitous BMWs back then. It’s the easy financing of this past decade that has made everyone so greedy and willing to finance an appearance of a certain type of lifestyle.
If anyone has ever read the book called The Millionaire Next Door, the author shares statistics on how most truly wealthy people drive sensible cars; those who are more middle-class than upper are the ones out there buying up all the luxury cars. This economy surely does seem to be weeding out the posers, though, isn’t it?
We spent the evening at the Spectrum to see Norm MacDonald at the Improv. The whole area was dead. I can remember when there would be shuttle buses/trams in order to get you to your car and back.
Not any more.
Plenty of parking.
The only thing weird we did see were people carrying around pink rectangular boxes. We didn’t bother to figure out where they were coming from.
Anyhow, watch for a lot of the shops at the Spectrum to be closing soon.
A lot of them.
But I want to know how Norm McDonald was!
Norm was great!
And there was a surprise appearance by Tom Green (Greene?).
All in all the Improv is a good deal. You get to see 3 comics and the food is very good. We always get the nachos. They have exceptional nachos for a comedy club. Mmmmmmm… nachos.
But as JR was saying, the malls are dead. The internet is killing them, along with people finally waking up and realizing they don’t have to buy so many things they don’t really need.
The Irvine Company is in for some bumpy roads ahead.
Allknowing, I know what you mean. I have been to Laguna Hills Mall, Spectrum and Fashion Island in the last month, and I can not get over how dead all of them are. And the stores hardly have any merchandise. It is very noticeable things are very different from 4 years ago. Same thing in San Diego.
I got my wedding ring there 20 years ago. The SCP location has been there for years. It’s kind of sad. They are a really nice jewelry store with things that are affordable for everyone. Not just the rich or those who thought they were. Their inventory is good quality and not cheap looking junk.
These retailers are idiots. They should have bought off the politicians like the realtors did. Then, they would have people giving them tax payer dollars to sustain their failed business models.
Greed is GOOD.
South Coast Plaza is just a depressing place these days. The other night it was empty, with one gentleman with an actual shopping bag. Others were just walking around killing time it looked like. Very dark and somber!