Headlines

After 125+ Years, Florida’s Alvin Magnon Jewelers to Close Its Doors

It’s one of the region’s “oldest continuing businesses.”

Published

8 years ago

September 21, 2016

INSTORE Staff

Alvin Magnon Jewelers, a Florida store whose roots date to 1890, will soon close its doors.

The store is “one of Tampa’s oldest continuing businesses,” according to the Tampa Bay Times.

Winnie Magnon Marvel, whose grandfather, Alvin Magnon, purchased the store in the 1930s, is holding a liquidation sale, the newspaper reports.

She tells the newspaper the decision to close wasn’t easy.

“Retail has changed a lot and trying to adapt to that is challenging,” she says.

Read more at the Tampa Bay Times

You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”