Headlines

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

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

Published

7 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

When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”