(PRESS RELEASE) The Edge Retail Academy (ERA), the leading retail jewelry business advising company, announced that Sophie Shor and Lucy Zimmerman of Roman Jewelers have been awarded the first annual William (Wag) Wagner Business Excellence Award.
Roman Jewelers of Bridgewater Township, New Jersey is a family-owned retailer of more than 30 years with a passion for designing custom jewelry across 4 generations.
Sherry Smith, ERA director of business development and business advisor, has worked with Roman Jewelers for 2 years. Sherry commented “Sophie and Lucy were very open-minded to implement industry best practices. They focused extensively on improving the margins of their sales team through a new compensation plan.”
Roman Jewelers found gross profit increased 16% in one year with the new plan.
Sophie Shor was excited to learn about winning the award. “My daughter Lucy and I never would have believed we were capable of accomplishing our margin goals without the guidance of Sherry and the Edge Retail Academy. They have made a measurable impact to our business.”
This is the first year that Edge Retail Academy has presented the William (Wag) Wagner Business Excellence Award. The award will be presented annually.
“The Award has two goals: (1) to acknowledge business excellence from independent retailers and (2) to honor the memory of long serving ERA Advisor William (Wag) Wagner whose service, loyalty and advice went well beyond the expectations of our clients, his work colleagues and our company,” said David Brown, President of ERA. “We honor Wag’s enormous integrity, sense of fair play and friendship.”
Wag passed away in September, 2018.
Edge Retail Academy presented Sophie and Lucy with the award and a check for $1000.