Headlines

Blue Nile to Open More Bricks-and-Mortar Stores

One location will open next week.

Published

5 years ago

November 18, 2016

INSTORE Staff

Online jeweler Blue Nile plans to continue building its bricks-and-mortar presence, the Houston Chronicle reports.

The company will open a showroom next week in Bellevue, WA. And over time, it plans to open dozens nationwide, according to the Chronicle.

Blue Nile doesn’t keep diamonds in its stores, which it calls “webrooms.” But as the newspaper notes, “shoppers can see and touch the ring settings and other jewelry, and choose a ring that can be shipped to their homes as fast as overnight.”

Seattle-based Blue Nile has stores in the New York and Washington, DC, areas as well as in Portland, OR.

Each store has selling space of about 300 square feet. Running the locations is actually cheaper than other ways of acquiring new customers, Blue Nile CEO Harvey S. Kanter said.

Read more at the Houston Chronicle

It’s Going to Set Us Up Very Nicely for Retirement

You’ve worked hard all your life. And if you’re like most jewelers contemplating retirement, you’re hoping that your going-out-of-business sale will add to your nest egg — with minimal complications. That’s exactly what Doug and Jacki Friedrich, fourth-generation owners of Friedrich Jewelers Inc., of Vernon, Conn., experienced when they selected Wilkerson to run their sale. “Jewelers who are contemplating a sale should go with Wilkerson because of their experience,” says Doug. And with financial goals “exceeding expectations,” the couple can now focus on enjoying the next chapter of their lives. “It’s going to set us up very nicely for retirement,” says Jacki. “The money’s coming in and we have no complaints. It’s been wonderful.”