Headlines 135 US Jewelry Retailers Closed in the Second Quarter The pace of closures has slowed recently. Published 3 years ago on July 21, 2019 By INSTORE Staff Share Tweet The Jewelers Board of Trade reported that 135 U.S. jewelry retailers closed their doors in the second quarter of 2019. That number represented a decrease from 195 closings in the second quarter of 2018. The total included 105 retailers in the category of “ceased operations” as well as 24 “consolidations (sale/merger)” and six bankruptcies. The total number of U.S. jewelry businesses that closed, including retailers, wholesalers and manufacturers, was 185. That was a decrease from 234 in the second quarter of 2018. Meanwhile, JBT reported that 56 new retailers opened their doors in the U.S., down from 63 in the second quarter of 2018. The total number of new jewelry businesses, including retailers, wholesalers and manufacturers, was 68. That was down from 71 new businesses in the year-ago quarter. Advertisement JBT listed a total of 18,893 jewelry retailers in the U.S. as of the second quarter of 2019, down from 19,357 in the same quarter a year ago. The group listed 24,966 jewelry businesses in all, including retailers, wholesalers and manufacturers. That was down from 25,607 in the second quarter of 2018. Related Topics: Jewelers Board of TradeLatest News Topstore closings click to Comment(Comment) Up Next This Strange Jewelry Thwarts Facial-Recognition Technology Don't Miss Jewelry Industry Writer Dies at Age 63 INSTORE Staff Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at [email protected]. Advertisement SPONSORED VIDEO Thinking of Liquidating? Wilkerson’s Got You Covered Bil Holehan, the manager of Julianna’s Fine Jewelry in Corte Madera, Calif., decided to go on to the next chapter of his life when the store’s owner and namesake told him she was set to retire. Before they left, Holehan says they decided to liquidate some of the store’s aging inventory. They chose Wilkerson for the sale. Why? “Friends had done their sales with Wilkerson and they were very satisfied,” says Holehan. He’d enthusiastically recommend Wilkerson to anyone looking to stage a liquidation or going-out-of-business sale. “There were no surprises,” he says. “They were very professional in their assessment of our store, what we could expect from the sale and they were very detailed in their projections. They were pretty much on the money.” You may like North Carolina Jewelry Store Was Set to Close After 124 Years — But Now It Won’t Margulis Jewelers in Portland to Close After 90 Years in Business 424 US Jewelry Retailers Closed in 2021 Promoted Headlines Thinking of Liquidating? Wilkerson’s Got You Covered Wilkerson Build Your Brand with AI-Driven Custom Diamond Reports Sarine North America Inc. How Dora Makes Your Store The Wedding Band Destination DORA Advertisement Latest Trending Videos Press Releases48 mins ago NGTC and Sarine Launch Light Performance Grading Service in Mainland China Press Releases53 mins ago Precious Jewelry Spending Expected to Increase as Pandemic Measures Subside, According to Platinum Guild International Survey Press Releases1 hour ago INTERGEM Presents: The Long Night of the Gemstones Headlines1 week ago $24M Fake Cartier Case: Accused NC Pastor Misses Court Date, Is Reportedly At Large in China New Arrivals1 week ago 18 New Necklace Designs, From Full Circle to Statement Gemstones Headlines5 days ago Jewelry Store Owner Shot in Illinois Robbery Sponsored Content2 weeks ago Thinking of Liquidating? Wilkerson’s Got You Covered Sponsored Webinars3 weeks ago How Jewelry Retailers Should Approach Fairmined Gold Sponsored Webinars1 month ago GN Diamond Presents: How To Sell Lab Grown Diamonds, Part I Advertisement SubscribeBULLETINS INSTORE helps you become a better jeweler with the biggest daily news headlines and useful tips. (Mailed 5x per week.) Latest Comments Most Popular Headlines1 week ago $24M Fake Cartier Case: Accused NC Pastor Misses Court Date, Is Reportedly At Large in China New Arrivals1 week ago 18 New Necklace Designs, From Full Circle to Statement Gemstones Headlines5 days ago Jewelry Store Owner Shot in Illinois Robbery Ask INSTORE1 week ago How to Respond to Specific Jewelry Requests from Clients, And More of Your Questions Answered Best of The Best24 hours ago North Carolina Jeweler Develops New Online Brand Press Releases1 week ago Smiling Rocks Wins the Butterfly Mark from Positive Luxury David Geller6 days ago Your Next Staff Member Could Be Found in Your Own Community Editor's Note2 days ago Now Introducing The INSTORE Show, Coming to the Chicago Area in 2023!