Headlines

Blue Nile Plans to Open Four New Stores This Year

Published

10 years ago

February 16, 2016

INSTORE Staff

A second location in New York is slated to open this summer.

Blue Nile is continuing its brick-and-mortar push, saying it plans to open four new webrooms – what the online retailer calls its physical storefronts – in 2016, according to Rapaport. That includes a second location in New York that is scheduled to open this summer, the article says.

A webroom, which looks a lot like an Apple store, is equipped with tablets that allow customers to place orders directly from the store. The benefit of this concept is that it gives Blue Nile a physical footprint without having to manage inventory and other overhead costs that a typical retailer must. The company cited its continued emphasis on webrooms shortly after it announced disappointing fourth quarter sales numbers.

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.