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Alpha Omega Sold

1/28/2008 03:50:00 PM
Just one more update on the Alpha Omega situation. It's been sold to Tiger Capital Group, The Gordon Company, and SB Capital Group. The three groups will undergo a liquidation sale of company assets as soon as they finish doing inventory to figure out what exactly they bought.

What does that mean for you and me? Hopefully a decently good sale on overpriced jewelry and Rolexes. I feel like this type of stuff rarely goes on sale, so a store closing/liquidation is a good chance to try to score a good deal.

I'm still kicking myself for not getting more stuff when Filene's Basement closed in Downtown Crossing. Yes, it's not nearly in the same league, but same concept.

Alpha Omega's entire multi-million dollar inventory of diamonds, fine jewelry and watches will be targeted for immediate sale at all Alpha Omega locations, which are in Cambridge, The Prudential Center, the Natick Collection and The Burlington Mall.

After the sale, Alpha Omega stores will be converted into Ross-Simons stores. Click (here) to read the article from the BBJ.

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