Retailer News

MARKS BROS. CHANGES NAME Marks Bros. Jewelers Inc., one of the largest retail jewelers in the United States, has formally changed its corporate name to Whitehall Jewellers Inc., the name of its largest chain of jewelry stores. The Chicago company?s stock will now trade on the NASDAQ under the symbol ?WHJI.? The announcement was made Jan. 20 by Hugh Patinkin, chairman and chief executive officer. The decision to change the name ?aligns our corporate name with that of our principal retail brand,? says Patinkin. ?As we continue to expand our successful Whitehall store concept, we believe this change will unify our identity among our consumers and the investment community.? The firm expects to add at least 35 stores this year to the 250 it had in 28 states as of early January. It operates stores in regional and super-regional shopping malls under the names of Whitehall Co. Jewellers, L
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