A liquidation company bought them and J E Caldwell--all the stores will be closing. There are good buys at the King of Prussia store. This is getting scary.
In my opinion, there are some great deals to be had on branded jewelry which is not normally discounted. As an example, I picked up a pair of Roberto Coin diamond hoops and diamond palm tree necklace at the sale for 40% off. I have rarely seen RC jewelry on sale and the most I have ever seen it discounted was 15%. So for me, who would have eventually bought them at full price, it was a great deal. However, I think at 40% off their non-name brand jewelry is still vastly overpriced. I am in the market for a tennis bracelet, and the BBB price at 40% off was still thousands more than the quote I got from BGD for the same bracelet.
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