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| Type | wholly owned subsidiary |
|---|---|
| Industry | Retail |
| Founded | Kansas City, Kansas 1915 |
| Founder(s) | Morris Helzberg |
| Headquarters | North Kansas City, Missouri, U.S.A. |
| Number of locations | 234 stores (2011) |
| Area served | United States |
| Key people | Beryl Raff, CEO |
| Products | Jewelry |
| Parent | Berkshire Hathaway |
| Website | www.helzberg.com |
Helzberg Diamonds is a jewelry retailer founded in 1915 by Morris Helzberg that has 234 stores in the United States.[1]
Contents |
Leadership [edit]
In April 2009, Beryl Raff, former executive vice president and general merchandise manager of fine jewelry at JCPenney, was named Chairman and Chief Executive Officer of Helzberg.[2]
History [edit]
Soon after Helzberg's founding, Morris Helzberg became ill and the company was taken over by his son, Barnett Helzberg Sr., at the age of 14.[3] In 1963, Barnett Sr. became Chairman of the Board and his son, Barnett Helzberg Jr., took over company operations.[4] Barnett replaced his father in the Chairman position in 1988. Barnett Jr. sold the company to Berkshire Hathaway, owned by Warren Buffett, in 1995, and authored the book What I Learned Before I Sold to Warren Buffett.[5]
References [edit]
- ^ a b "About Helzberg Diamonds Fine Jewelry Store Online - Helzberg Diamonds". Helzberg Diamonds. 2011. Retrieved 2011-04-23.
- ^ a b Halkias, Maria (April 6, 2009). "Penney's top jewelry exec Beryl Raff leaving for Berkshire Hathaway subsidiary". The Dallas Morning News, Inc. Retrieved 2009-04-07.
- ^ "Our Story: 1915-1929". Helzberg Diamonds. Retrieved 2009-04-07.
- ^ "Our Story: 1960-1969". Helzberg Diamonds. Retrieved 2009-04-07.
- ^ Helzberg, Barnett C. (2003). What I Learned Before I Sold to Warren Buffett: An Entrepreneur's Guide to Developing a Highly Successful Company. Hoboken: John Wiley & Sons. ISBN 978-0-471-27114-7. Retrieved 10-23-2011.
External links [edit]
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