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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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When Sales Beat Projections, You Know Wilkerson Did Its Job

There are no crystal balls when it comes to sales projections. But when Thomasville, Georgia jeweler Fran Lewis chose Wilkerson to run the retirement/going-out-of-business sale for Lewis Jewelers and More, she was pleasantly surprised to learn that even Wilkerson could one-up its own sales numbers. “Not only did we meet our goal, but we exceeded the goal that Wilkerson had given us by about 134%,” she says. After more than 40 years in the business, Lewis says she decided a few years ago to “move towards retirement.” And she was impressed by Wilkerson’s tenure in the industry. Overall, she’d recommend the company to anyone else who may be thinking it’s time to hang up their loupe. “As a full package, they’ve done a very good job and I’d definitely recommend Wilkerson.”

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