After shuttering its doors shortly before Christmas amid swirling rumors of a company collapse, Alpha Omega's four stores all reopened before Christmas Day, The Boston Globe reported.

But it is no longer the Handa family that is running the show, and it is expected the struggling jewelry store chain will soon change hands.

According to the Globe, the Alpha Omega stores at Harvard Square and in Boston's Prudential Building reopened on Saturday, while the mall stores in Natick and Burlington, Mass., reopened on Sunday.

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