Florida Jeweler Closing Beachfront Store

Maharaja’s is closing its jewelry store in Panama City Beach, Fla. Owner Manu
Samtani blames a loss of tourism resulting from the BP oil spill for the
decision to close. Maharaja’s flagship store in Panama City will remain open.

Buxbaum Jewelry Advisors is helping liquidate the Panama City Beach store’s
inventory in a consolidation sale being held at both locations.