WICHITA — Barrier’s, the longtime jewelry store at Douglas and Oliver, has filed Chapter 11 bankruptcy with $938,788 in liabilities and $2,815,582 in assets.
“We have made a Chapter 11 filing, and now we’re in the process of planning our next steps,” says Mary Ellen Barrier, widow of John Barrier, who opened the store more than 75 years ago with a jewelry case in the entrance of a downtown shop.
Their son, Jay, ran Barrier’s after his father’s 1992 death until his own death in November.
Barrier says she can’t say whether the bankruptcy means the store will close or sell.
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“I just do not know yet,” she says. “All these final decisions have not been made.”
Barrier doesn’t want to say much more until her attorney, Ed Nazar, comments on the filing. He was not immediately available.
Barrier says Barrier’s is getting ready for an in-store sale.
“We look forward to seeing all our friends and customers at that time,” she says.
And as for the bankruptcy, she says, “We regret doing it very much.”
Look for more information on this story later today.