Members of the founding family have partnered with Mexican retail company El Puerto de Liverpool to acquire Nordstrom.
Bill Thompson, Former CEO of AA Friedman, Dies at 88
His career in the jewelry industry spanned 52 years.
Augusta, Ga.—William Warren “Bill” Thompson, former CEO of the A.A. Friedman Company who was known for his big heart and his firm principles, died Friday at his home in Augusta, Georgia.
He was 88.
Thompson was born in Augusta but moved to Macon, Georgia as a teenager.
He enrolled in the U.S. Air Force after school, attaining the rank of staff sergeant and marrying his high-school sweetheart, Mildred Ann Payne, during his service.
Thompson’s career in the jewelry industry spanned a total of 52 years, all with the A.A. Friedman Co. (Friedman’s Jewelers).
He started there at the age of 12 sweeping the floors and, after leaving to serve in the Air Force, returned, eventually working his way up to president and CEO.
During his time at Friedman’s, the retailer expanded from six stores to more than 140 stores at its peak.
Randy McCullough, who met Thompson when he got a job as the manager of the Friedman’s store in Augusta, Georgia in 1971, described his longtime friend as a “strategic thinker, a real visionary who was savvy, innovative and very creative.”
He said Thompson generously shared his knowledge, skills and life lessons as president and CEO, which were key to the chain’s growth.
He was good to the people who worked for him and believed in promoting from within, and fair to the chain’s vendors when it came to negotiations.
“The character of the life he lived might be summed up in a few words: he was sincere, he was earnest, he was loyal,” McCullough said. “Nothing was more typical of Bill Thompson than that large-hearted fairness.”
Thompson retired in 1996.
Outside of the jewelry industry, the jeweler and veteran was a longtime member of the Mabel Lodge #255 (Free & Accepted Masons) in Macon, and The Ancient and Accepted Scottish Rite.
He also served with a number of community and professional organizations, loved to travel the world with his wife and play gin rummy with his friends.
Thompson was preceded in death by his parents, Remus and Mattie Lou (Watkins) Thompson; his wife of 61 years, Mildred Ann Thompson; and a son, William James Thompson.
He is survived by another son Alan Thompson (Teresa); three grandchildren, Payne Thompson (Kristen), Rob Thompson (Meghan), and Rowan Thompson; and two great-grandchildren, Millie and Will.
Due to the current restrictions associated with COVID-19, a graveside service for Thompson was live-streamed on
In lieu of flowers, the family asks for donations to be made to the Masonic Home of Georgia, 1417 Nottingham Drive, Macon, GA 31211.
Those interested in leaving a message of condolence online can do so on the funeral home website.
The Latest
The brand has opened its second U.S. location in the Fontainebleau resort and casino.
Associate Editor Lauren McLemore highlights pieces from the AGTA Spectrum & Cutting Edge Awards she’d be thrilled to unwrap on Christmas.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
The move is one of several cost-cutting measures outlined by the company as it faces a weaker luxury market and other challenges.
Associate Editor Natalie Francisco chose her 12 favorite Piece of the Week picks from the year gone by.
Lab clients have the option to request this addition on their emerald reports.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Jamie Dunton and Gabriella Botelho are the first graduates of the program, created by the WJA Foundation and Julius Klein Diamonds.
In the spirit of giving, Retrouvaí will donate $4,000 from the sale of this ring to the Los Angeles Regional Food Bank.
Along with the latest “Gardens” collection, the brand has released limited-edition designs offering more indulgent pieces.
The man and woman are accused of stealing jewelry from a shipping container then trying to flee by paddling a small boat out into a bay.
The 2,488-carat diamond recovered from a mine in Botswana has been dubbed “Motswedi” while its 1,094-carat sibling is “Seriti.”
The average price per carat hit a record high for the miner, which said it remains unaffected by the conflict in Mozambique.
The nearly 17-carat stone made history for the color-change gem that, according to the auction house, is experiencing a “notable surge” in the market.
More than a century after survivors gifted a Tiffany timepiece to the captain of the ship that rescued them, the jeweler has reclaimed it.
The videos highlight how pieces from the “Xpandable” and “Reversible Xpandable” collections put the wearer in the spotlight.
Feldman reflected on 45 years in the jewelry industry and clarified that it’s not a total retirement.
The luxury brand is being honored for excellence in high jewelry design in its “Haute Joaillerie Sport” collection.
Circelli was a pioneer in the world of TV shopping who is remembered for his passion for gemstones and his big personality.
The nearly 6-carat stone headlined the recent jewelry auction, which also featured Mica Ertegun’s jewelry.
The three men, who got their nickname because they’d toss the jewelry they stole into black plastic bins, were arrested back in August.
“The History of Diamond Engagement Rings: A True Romance” is a 128-page small-format book containing more than 165 images.
Gearys opened a 6,200-square-foot Rolex store with a design that pays homage to the brand’s connection to the ocean.
The diamond cut grade is now available for marquise- and pear-shaped diamonds.
DDG said the honorees’ business practices embody a commitment to positive social impact, industry innovation, and community empowerment.
Estimates on the size and value of the solitaire diamond, which is mounted on a diamond pavé-set yellow gold band, vary.