Bailey Banks & Biddle

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Potomac Mills Outlet, one of the company's nine retail stores

Bailey Banks & Biddle is an online and store retailer of jewelry in America. Its principal offices are in Carrollton, Texas and it operates nine retail stores.[citation needed]

A print of the presidential seal c. 1915, thought to be the one obtained by President Wilson from Bailey Banks & Biddle

History[edit]

Bailey & Kitchen, as it was originally known, was founded in Philadelphia in 1832. It become Bailey & Co. in 1841, and Bailey Banks & Biddle in 1878.

At the turn of the century, Bailey Banks & Biddle was commissioned by the U.S. Government to update the Great Seal of the United States; its design today remains the official version of the seal. The company also designed and made many of the military medals that are still used today, including the Medal of Honor, the Silver Star, the Bronze Star and the Purple Heart....[citation needed]

In 1962, Bailey Banks & Biddle became a part of the Zale Corporation. Zale opened many Bailey Banks & Biddle stores in numerous cities. In 2007, Zale Corporation sold the 65-store jewelry chain to Finlay Enterprises.[1] Finlay Enterprises filed for Chapter 11 bankruptcy in August 2009,[2] and Bailey Banks & Biddle was acquired by the current owners in the spring of 2010.

References[edit]

  1. ^ "Finlay Sales Up 13%, Same Store Sales Down". JCK Online. November 10, 2008. Retrieved 2011-06-16. 
  2. ^ Nadgir, Santosh (August 6, 2009). "Finlay files for bankruptcy, to sell assets". Reuters. Retrieved 2011-06-16. 

External links[edit]