The company is focused on modernizing the custom jewelry buying experience with e-commerce tools like product visualization and 3D styling.
Scheherazade Jewelers Files for Bankruptcy
The store moved to a different location in Edina, Minnesota’s upscale Galleria mall in June, impacting foot traffic, its attorney said.
Edina, Minnesota— After more than 40 years, Edina, Minnesota’s Scheherazade Jewelers, an independent retailer in the upscale Galleria mall, is closing.
The company filed for Chapter 7 bankruptcy protection, which involves liquidating assets, on March 10, in U.S. Bankruptcy Court in the District of Minnesota.
This is the jeweler’s second trip to bankruptcy court. Scheherazade Jewelers filed Chapter 11, which gives companies the chance to reorganize and set up a plan to pay creditors, in 2010.
According to Minnesota newspaper The Star Tribune, Scheherazade Jewelers relocated from its corner location near Williams-Sonoma to a new wing in the shopping center in June.
Attorney Chad Kelsch, who is representing Scheherazade, told the newspaper that the move impacted foot traffic because customers were unable to find the new location.
Neither Kelsch nor the Galleria responded to National Jeweler’s request for further comment on the case.
Kelsch told the newspaper there are secured debt claims of $344,000 and unsecured debt claims of $1.2 million as well as $10,000 in priority wage claims from employees.
The bankruptcy filing shows that Scheherazade Jewelers has more than 200 creditors, including American Gem Society, Frederick Goldman Inc., Jewelers Mutual Insurance Co. and Rio Grande.
Among the creditors are a group of individuals owed money for the sale of jewelry consigned to the store, The Star Tribune reports. There are comments on the store’s Facebook and Yelp pages from customers asking about the status of their consigned jewelry.
No one answered the phone at Scheherazade Jewelers Thursday, though a recorded message did provide some information about the store’s closure.
Taking inventory of the unsold consigned pieces has begun and will take “some time to complete,” the message states.
Jewelry cannot be returned while the process is underway, but will be secured in safety deposit boxes.
The message also noted that gift cards will no longer be honored, but customers can file a claim for compensation.
The Latest

AGS also named the recipient of its “Women in Leadership” scholarship.

The 20-karat yellow gold and diamond wrap ring is modeled after the Monstera plants in the garden of the brand’s Miami villa.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Rocksbox President Allison Vigil shared the retailer’s expansion plans, and her thoughts on opening stores in malls.


The decline was consistent across age groups and almost all income groups, with tariffs and inflation still top of mind.

The “Playlist: Electric Dreams” collection brings lyrics from the musician’s song, “Little Wing,” to life through fine jewelry.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

The event is set for May 16-19 in Detroit, Michigan.

The Vault’s Katherine Jetter is accusing the retailer of using info she shared for a potential partnership to move into Nantucket.

Agents seized 2,193 pieces, a mix of counterfeit Cartier “Love” and “Juste Un Clou” bracelets, and Van Cleef & Arpels’ “Alhambra” design.

The designer brought her children’s book, “The Big Splash Circus,” to life through a collection of playful fine jewelry characters.

The trade association has chosen the recipients of the funding initiative it formed to foster the growth and sustainability of the industry.

The organization has also announced this year’s slate of judges.

Associate Editor Natalie Francisco shares 20 additional pieces that stood out to her at the Couture show.

Lori Tucker started at Williams Jewelers when she was 18 years old.

The “Marvel | Citizen Zenshin” watch is crafted in Super Titanium and has subtle nods to all four “Fantastic Four” superheroes on the dial.

The “XO Tacori” collection was designed to blend luxury and accessible pricing.

Pritesh Patel, the lab’s chief operating officer, will take over as president and CEO of GIA.

National Jeweler and Jewelers of America discuss the standout jewelry trends and biggest news to emerge from the shows this year.

Signatories to the “Luanda Accord” committed to allocating 1 percent of annual diamond revenue to the Natural Diamond Council.

The winning designs captured the “Radiance” theme.

Nominations in the categories of Jewelry Design, Media Excellence, and Retail Innovation will be accepted through July 30.

The singer’s ring ticks off many bridal trends, with a thick band, half-bezel setting, and solitaire diamond.

The bracelet references vintage high jewelry and snake symbolism as a playful piece where a python’s head becomes a working belt buckle.

The heist happened in Lebec, California, in 2022 when a Brinks truck was transporting goods from one show in California to another.

The 10-carat fancy purple-pink diamond with potential links to Marie Antoinette headlined the white-glove jewelry auction this week.