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David Squires

Closing Time

Remember… there is life after jewelry retail.

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THIS MONTH’S LEAD STORY may leave some of you scratching your heads.

A magazine for jewelry store owners running a big feature which tells them how to get out of the business?

Like everyone in the industry, we want the jewelry business as a whole to continue to grow and prosper. (Who needs high-end multimedia components? Let’s trounce those luxury car dealerships!) But most of all, we’re here to support you ? every single individual amongst the 22,000+ storeowners who receive this magazine each month.

And we know that there are storeowners out there who are struggling, who are unhappy, and who might be thinking ?Is this really the right business for me?

Maybe you’re facing long hours, small profits, and an ever-strengthening competition. Or maybe you’re simply … let’s whisper the word so nobody else can hear us … bored.

Of course, there are many things you can do to turn it around. And, in these pages each month, we present many ideas you can use to boost your happiness, your effectiveness, and your chance of survival.

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But you know what? If all that still doesn’t work, then maybe it really is time to get out. And the goal of this month’s lead stry is to reassure you that it really will be okay — that there is life after jewelry retail. The stories in this month’s lead are vivid proof of that. 

Wishing you the very best business …

David Squires

David Squires is the Group Editorial Director of SmartWork Media. He believes that the first role of business media is to inspire readers.

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SPONSORED VIDEO

Wilkerson Testimonials

If It’s Time to Consolidate, It’s Time to Call Wilkerson

When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

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