PodcastsJan 12, 2026
The latest poscasttest
MajorsMar 03, 2016
Inventory from 3 Romano’s stores up for auction
Tiger Capital Group is selling diamond engagement rings, wedding bands and watches that once lined the showcases of three now out-of-business Romano’s Jewelers stores.
Tiger Capital Group is selling the inventory from three now out-of-business Romano’s Jewelers stores valued at approximately $700,000.
Downey, Calif.--Tiger Capital Group’s Remarketing Services Division is conducting an online auction today (Nov. 17) for the diamond engagement rings, wedding bands and watches that once lined the showcases of three now out-of-business Romano’s Jewelers stores.
Bidding is open now and can be done online at SoldTiger.com. The sale will be conducted in a live auction style beginning at 10:30 a.m. PST today.
The inventory came from the chain’s stores in Downey, Northridge and Culver City, Calif.
It includes, among other pieces, more than 500 women’s engagement rings and wedding bands, more than 450 men’s bands in tungsten and titanium, more than 350 birthstone and rhinestone necklace/earrings sets in gift boxes, and watches from Luciene Piccard, Aqua Master, Sonbol, Sport Link and Techno Link.
The cost value is approximately $700,000.
Tiger Remarketing Services President Jeff Tanenbaum called the sale a “great buying opportunity” for the trade ahead of the holiday season.
R.J. Financial Inc., doing business as (d/b/a) Romano’s Jewelers, filed for voluntary Chapter 11 bankruptcy back in January 2010. This past July, a judge converted the case to involuntary Chapter 7 in an effort to move it along and recover money for the chain’s creditors.
RELATED CONTENT: Liquidation sale to being soon for 3 Romano’s stores
Shortly after the case was converted, inventory from the Northridge and Culver City stores was shuttled to Downey, where Tiger held a preview over the weekend of the assets being sold.
Established more than 20 years ago, Northridge-based Romano’s operated a total of 10 stores at its peak.
A number of the chain’s stores shut down before R.J. Financial was forced into Chapter 7 over the summer. Three more, the Downey, Northridge and Culver City stores mentioned above, followed after the case was converted.
There are, however, several Romano’s Jewelers stores still in operation that are run under a different company but headed by the same man, Randy Abalkhad.
Editors' Picks
Sponsored by
More on Majors
The Latest
Weekly QuizOct 03, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
PodcastsJan 12, 2026
Introducing My Next Question, the PodcastA monthly podcast series for jewelry professionals
Brought to you by
Navigating Cybersecurity: Essential Guidance for JewelersFrom protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
PodcastsNov 27, 2025
Test Podcast With VideoTest Podcast With Video. New interview with Ada Lovelace.
PodcastsNov 25, 2025
Test New Podcast PostAbstract for tests. New Podcast interview with John Lennon, Jimi Hendrix and Jim Morison.
ColumnistsOct 09, 2024
Peter Smith: 7 Things to Know When Selling LuxuryAhead of the holiday season, Smith delves into the often subconscious reasons people buy luxury products for themselves or their loved ones.
AuctionsOct 09, 2024
Rolex Worn on Apollo 14 Mission Up for SaleThe GMT-Master “Pepsi” belonging to astronaut Edgar Mitchell is a standout in RR Auction’s online “Space Auction,” going on now.
MajorsOct 09, 2024
PGI Launches New Virtual Sales TrainingRetail sales associates can access the video series on mobile to refresh their selling skills.
Policies & IssuesOct 09, 2024
GJNRF: Reaching Out, Rebuilding Futures For 25 years, India’s Gem & Jewellery National Relief Foundation has provided aid in the wake of war, natural disasters, and global crises.
AuctionsOct 08, 2024
Sotheby’s Selling Jewelry That Belonged to a Bulgarian TsarThe November auction will feature a collection of jewels owned by Ferdinand I, the first king of modern Bulgaria, and his family.
SourcingOct 08, 2024
Rio Tinto Begins New Phase of Production That Will Extend Diavik’s LifeCommercial production has begun underground at the Canadian diamond mine’s A21 pipe.
SurveysOct 08, 2024
What to Know About Online Shopping This Holiday SeasonDeloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.
CollectionsOct 08, 2024
Sylvie Adds New Men’s BandsThe Texas-based jeweler collaborated with luxury clothing brand Uncommon Man on men’s bands designed with European influences.
SourcingOct 08, 2024
Is Current Diamond Industry Turbulence Shaping a ‘New Normal’? Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.
SourcingOct 07, 2024
Rio Tinto to Offer 76 Diamonds in 2024 Beyond Rare Tender The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.
CollectionsOct 07, 2024
Olympian Kristi Yamaguchi Partners With Heller Jewelers on New CollectionA portion of the proceeds from the “Always Dream” collection will go to Yamaguchi's foundation, supporting early childhood literacy.
SurveysOct 07, 2024
Hill & Co.’s New ‘Business of Jewelry Report’ Is OutThe first in what is slated to be a series of in-depth reports from the consulting company, it focuses on shortening supply chains.
