Connect with us

Press Releases

Bailey’s Fine Jewelry Acquires Morrison Smith Jewelers to Expand Footprint in North Carolina

Bailey’s to continue Morrison Smith’s legacy of exceptional customer service in Charlotte market.

mm

Published

on

(PRESS RELEASE) CHARLOTTE, N.C. — Bailey’s Fine Jewelry, a family owned-and-operated jeweler with locations in Raleigh, Rocky Mount, Cary and Greenville, is expanding its footprint to Charlotte with the acquisition of Morrison Smith Jewelers. Located at 705 Providence Road in Myers Park, Morrison Smith has been a cornerstone of Charlotte’s fine jewelry landscape for more than 70 years.

Bailey’s has officially taken over operations and will work with the current Morrison Smith team to ensure a successful and smooth transition over the coming months.

The acquisition is more than just a business move – it’s the merging of two deeply rooted, family-owned jewelers with a shared history and values. The Smith and Bailey families have been connected for generations with Charles Smith, the father of former Morrison Smith president Chuck Smith, serving as mentor to Clyde Bailey, father of Bailey’s Fine Jewelry president and third-generation owner, Trey Bailey. The relationship between the two families has spanned decades, making this transition a natural and meaningful evolution.

“A decision like this is not one that’s taken lightly,” said Chuck Smith. “It was extremely important to us that we found a company that aligned with our family values and dedication to exceptional customer service. The parallels between Morrison Smith and Bailey’s are numerous and we knew it would be a great fit for everyone.”

“Morrison Smith is synonymous with quality and excellence in the Charlotte market,” said Trey Bailey. “It’s such a well-respected and well-run business and we look forward to continuing that legacy while bringing the Bailey’s experience to Charlotte.”

Bailey’s will continue to offer Morrison Smith’s renowned repair and custom design services, as well as its extensive collection of fine jewelry. In addition, Bailey’s will introduce a wider selection of diamonds and engagement rings, along with expanded designer jewelry offerings.

Advertisement

An official grand opening and other celebratory events are planned for later in 2025, marking the beginning of a new chapter for two of North Carolina’s most storied jewelers.

For more information, visit www.baileybox.com or follow along on social media for updates.

Advertisement

SPONSORED VIDEO

Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson

When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy. Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision." The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Advertisement

Most Popular