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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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Wilkerson Helped This Jeweler to Navigate His Retirement Sale Despite a Pandemic

Hosting a going-out-of-business sale when the coronavirus pandemic hit wasn’t a part of Bob Smith’s game plan for his retirement. Smith, the owner of E.M. Smith Jewelers in Chillicothe, Ohio, says the governor closed the state mid-way through. But Smith chose Wilkerson, and Wilkerson handled it like a champ, says Smith. And when it was time for the state to reopen, the sale continued like nothing had ever happened. “I’d recommend Wilkerson,” he says. “They do business the way we do business.”

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