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After 80 Years In Business, Jeweler Closing Its Doors

The store was in the national spotlight last year.

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Stanley Jewelers Gemologist in North Little Rock, AR, is closing its doors after eight decades in business.

In a letter posted on the store’s website, Loyd Stanley writes that he’s decided to retire. Stanley’s parents, Sally and Charles Stanley, borrowed $400 and opened the business in 1936.

“In 1959, I joined the family business and we opened on Park Hill in 1960 … where over the years, all of my children have contributed to the growth and success of Stanley Jewelers,” he writes.

He said he arrived at the decision to close the store after “much deliberation and study.”

Loyd Stanley’s daughter, Laura Stanley, is also part of the business.

The store is now holding a going-out-of-business sale that Loyd Stanley says will be “the largest sale of fine and estate jewelry that Arkansas has ever seen.”

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The store received national attention last year when the Esperanza, one of the largest diamonds ever found at Arkansas’ Crater of Diamonds State Park, was cut there by Mike Botha of Embee Diamonds.


Read the letter.

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This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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