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Big Survey

Don’t Go Looking for a Jeweler on These Holidays

They’re unlikely to be working.




Don’t Go Looking for a Jeweler on These Holidays

HOLIDAYS ARE OFTEN times for gift giving, so you might expect jewelers to work through them. But according to the results of the latest INSTORE 2021 Big Survey you would more often than not be wrong.

Jewelers are as likely not to clock in to work for the big “festive family days” as anyone else. Less than 2 percent of Big Survey respondents said they opened for Christmas Day and Thanksgiving, while less than 4 percent open on New Year’s Day.

Meanwhile, they were only slightly more likely to open on the big public days off – Memorial Day (12 percent), July 4 (9 percent) and Labor Day (11 percent).

The 2021 Big Survey was carried out between August and September, attracting more than 600 anonymous responses from owners of independent jewelry stores across the United States and Canada. The full results will be published in the upcoming November issue of INSTORE.



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.”

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