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Private company

Friedman's Inc.

Friedman's Inc. was an American company that owned and operated fine jewelry specialty stores under the names Friedman's Jewelers and Crescent Jewelers. It declared bankruptcy in 2008 and had shuttered all stores by June 2008.2 It was founded in 1920.1 It is headquartered in Savannah.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1920Founded1
  • Industryretail1
  • HeadquartersSavannah1

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Friedman's Inc. was an American company that owned and operated fine jewelry specialty stores under the names Friedman's Jewelers and Crescent Jewelers. It declared bankruptcy in 2008 and had shuttered all stores by June 2008.2

Corporate structure

Friedman's Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Friedman's Inc. Savannah
    • Crescent Jewelers Subsidiary · United States

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Friedman's Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

  • Crescent Jewelers

Things Wikidata records the company as owning, with the share when stated.1

The story

The company was established in Savannah, Georgia in 1920. Friedman's Inc. was headquartered in Addison, Texas. They were the third largest jewelry company in the US. Friedman's stressed value and low prices, owning the trademark "The Value Leader" and advertising "Unbeatable Values". Unlike many chain jewelers, Friedman's had many of its locations in power centers and strip malls, besides enclosed malls and outlet centers. The company had stated that they preferred locations anchored by a discounter "big box" store, almost always Wal-Mart. This fits with their core demographic of lower to middle income customers between 18 and 40.

In 2005, Friedman's filed for Chapter 11 bankruptcy protection, and due to a second bankruptcy filing in early 2008, Friedman's and Crescent liquidated all of their stores save for a small number of locations purchased by Whitehall Jewelers Inc. for approximately 14 million dollars. Whitehall went bankrupt shortly after the purchase and began liquidating all of its stores in August 2008.

In 2009, Windsor Fine Jewelers, LLC based in Augusta, GA, purchased the trademark "Friedman's Jewelers" and opened a location in Augusta, GA. In 2017, they launched the www.friedmans.com e-commerce platform.

From Wikipedia’s article on Friedman's Inc., shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Also owns

  • Crescent Jewelers

From Wikidata.1

Timeline

  1. 2008Dissolved Dissolved1
  2. 1920Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3