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16 Jewelry Stores to Reopen Under New Ownership

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They were part of a chain that folded.

Sixteen Ben Moss Jewellers stores are reopening in Canada under the ownership of Halifax-based Charm Diamond Centres, which has acquired rights to the brand.

In fact, seven of them have already opened their doors, the Kelowna Daily Courier reports.

Winnipeg-based Ben Moss Jewellers last year closed its 54 store locations after 106 years in business. A weak Canadian dollar and a soft economy in Western Canada were two factors that contributed to the retailer’s struggles.

So far, locations in Calgary, Winnipeg, Edmonton and Saskatoon have reopened, and one in Kelowna was set to open its doors any day now, according to the Daily Courier.

The 16 stores will operate under the Ben Moss name. The name “was still well known and respected, especially in its birthplace of Western Canada,”  the newspaper reports.

Read more at the Kelowna Daily Courier

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Alex and Gladys Rysman are the third generation to run Romm Jewelers in Brockton, Mass. And after many decades of service to the industry and their community, it was time to close the store and take advantage of some downtime. With three grown children who each had their own careers outside of the industry, they decided to call Wilkerson. Then, the Rysmans did what every jeweler should do: They called other retailers and asked about their own Wilkerson experience. “They all told us what a great experience it was and that’s what made us go with Wilkerson.” says Gladys Rysman. The results? Alex Rysman says he was impressed. “We exceeded whatever I expected to do by a large margin.”

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