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Alex and Ani Shoots for 100-Store Mark

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INSTORE AlexAniVideoThe firm was featured on Good Morning America.

Carolyn Rafaelian, founder and CEO of Cranston, RI-based Alex and Ani, hopes to expand the company to 100 stores by this year.

Alex and Ani’s website currently lists 94 stores worldwide, along with dozens of shop-within-a-shop locations.

Rafaelian was recently interviewed on ABC’s Good Morning America about her company and its charity efforts.

The segment talks about Charity Design, an Alex & Ani program that creates unique charms for the company’s four-dozen nonprofit partners. Part of the revenue goes to the charity.

“What we represent as a brand is positive energy,” Rafaelian said.

The company has donated over $48 million to charity, according to the story.

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Earlier this year, Rafaelian landed at No. 18 on Forbes’ list of America’s Richest Self-Made Women. Her net worth was estimated at $1 billion, which makes her “America’s only jewelry billionaire,” according to the magazine.

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Wilkerson Paves the Way for the Future

After serving the San Antonio, Texas community for decades, C. Aaron Peñaloza Jewelers closed its doors earlier this year. Aaron and Mary Peñaloza, the store’s owners, chose Wilkerson to handle their retirement sale. “In the first six days, we did six months’ worth of business,” says Aaron. “In the first three weeks, we did a year’s worth of business.” Mary Peñaloza says Wilkerson’s ability to tailor the sale to their store’s requirements really made it all so much easier. “They are professionals,” she says. “They know what they’re doing. They have a plan, but they will listen to you and adjust that plan to your needs.”

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