Stores Ordered to Stop GOB Sales

International Diamond and Gold is now really going out of business. After conducting “going out of business” sales for over six months, the company has been ordered by an Ohio court to stop. A local judge this week granted Ohio Attorney General Richard Cordray's request that International Diamond and Gold Company, an eight-store chain based in Columbus, stop conducting its going-out-of-business events in Ohio. The company, which has four stores in central Ohio, announced it was closing in May. A statement from the attorney general's office charged that IDG had been conducting “going out of business” sales for more than 90 days and was supplementing inventory during the sales, both violations of Ohio law.

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).


Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out