M.J. Christensen Store Closing and Chainwide Consolidation Sale Offers Deepest Discounts in Las Vegas Retailer's

LAS VEGAS, NV, Apr 29 (MARKET WIRE) --
M.J. Christensen, the venerable jeweler known for its sumptuous showrooms
filled with chic brands, is offering discounts of up to 70%-off on
thousands of designer creations as part of an eight-week consolidation
sale at all four of its Las Vegas stores.

The nationally known retailer -- which is among the 5% of U.S. jewelry
stores to gain entry into the prestigious American Gem Society -- is
closing its Galleria Mall location in Henderson, but will continue
operating its freestanding stores at Boca Park and Montecito Marketplace,
both in Las Vegas, and at Eastern & Coronado in Henderson. Beginning this
week, the consolidation sale at all four locations features thousands of
items, including fine watches and an array of bridal and fashion pieces.
The inventory is valued at more than $10 million at retail. The sale is
being managed by Agoura Hills, Calif.-based Buxbaum Jewelry Advisors, a
division of Buxbaum Group, a nationally known turnaround advisory and
inventory liquidation firm.

"Among the brands represented in this sale are Charriol, Raymond Weil,
Suzy Fabrikant, Jose Hess, and Bedat & Co.," said Cliff Miller, M.J.
Christensen's president and CEO. "Many of the designers with whom we work
enjoy the challenge of creating pieces in a variety of price-points.
Consequently, there will be something for everyone in this extraordinary
sale, with prices ranging from $25 to a quarter of a million dollars."

Passionate about diamonds and fine jewelry, Miller has guided M.J.
Christensen through significant growth since joining the company in 2000
from Augusta, Ga.-based A.A. Friedman Co. Under his leadership, the local
retailer earned a reputation among collectors for its focus on customer
service as well as its exclusive inventory. "We successfully recruited
national and international designers who were previously not represented
in the Valley," Miller noted. "We also have been trained to serve people,
not sell them. We try to understand our clients' desires and provide them
with informed options and suggestions."

Like other jewelers, M.J. Christensen has experienced a sales slowdown
concurrent with the housing collapse and recession. The consolidation
sales, by far the largest in the company's 70-year history, represent an
opportunity for discerning shoppers to acquire truly unique pieces at
prices never seen before, said Miller, whose wife, son, daughter and
daughter-in-law are part of the business. "These are absolutely unheard-of
prices," he commented. "As we re-price this merchandise, my wife is doing
double-takes at the discounts."

Sale hours at the Galleria Mall location are from 10 a.m. to 9 p.m.,
Monday through Saturday, and 11 a.m. to 6 p.m. on Sunday. Sale hours are
10 a.m. to 7 p.m., Monday through Saturday, and noon to 5 p.m. on Sunday
at the Henderson location, which is at 10400 S. Eastern Ave.; and the
Boca Park location, 8980 W. Charleston Blvd. Sale hours at the Montecito
Marketplace location are 10 a.m. to 6 p.m., Monday through Saturday. See
the M.J. Christensen web site at
http://www.mjchristensen.com/locations.php for complete details and
directions.

All standard forms of payment accepted. For further information on the
sale, contact the M.J. Christensen Corporate Office, 702-732-0138. On the
Web, at http://www.mjchristensen.com/

About Buxbaum Jewelry Advisors/Buxbaum Group

Buxbaum Jewelry Advisors (http://www.buxbaumgroup.com/buxjewelry.htm) has
assembled a team of jewelry professionals that have provided wholesale and
retail jewelers with financial solutions for more than 20 years. It offers
a wide range of services and can meet the needs of both financially
distressed and profitable jewelry retailers and wholesalers. It is a
division of Agoura Hills, Calif.-based Buxbaum Group, which has built its
reputation for over 30 years as one of the largest liquidators and
appraisers of retail and wholesale inventories across North America. While
continuing to operate in those areas, the company has shifted its primary
focus in recent years to turnaround investing and advisory services.

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