Headlines

California Jeweler Mulls Relocation After Stick-’Em-Up, Parking Fiasco

Published

8 years ago

January 27, 2016

INSTORE Staff

Two other retailers have already left the new shopping plaza.

Manya Jewelers in Canoga Park, CA lost $135,000 in merchandise after the store was plundered by two burglars who brandished a gun, the Los Angeles Daily News reports. The article says the robbery wasn’t part of a trend, though the incident does add to the troubles the open-air plaza has had since the ribbon was cut in September. Two retail tenants have already left the mall, and the landlord recently implemented paid parking without notifying merchants or visitors, who also had trouble operating the pay stations. Those events have the jewelry shop’s owner, Harut Nazarian, considering whether or not to break his lease and relocate.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”