Connect with us

Headlines

Forget the Gloom — This Jeweler Is Expanding

“It’s a wonderful location and an exciting opportunity.”

mm

Published

on

The Source Fine Jewelers in the Rochester, NY, area announced the opening of its third location.

The location will be "the largest all-jewelry store in Rochester," with 7,000 square feet. The store will have 5,000 square feet of showroom space.

“We’re thrilled to be opening the new store,” said John Simonian, president of The Source Fine Jewelers. “It’s a wonderful location and an exciting opportunity. We’re grateful for the success that makes this kind of growth possible, and we owe that success to the support of this community and our valued customers.”

The official opening was set for Nov. 18. The store is at 326 Eastview Mall, Victor, NY, at the site of the former Mann’s Jewelers.

News of the expansion follows this week’s report from the Jewelers Board of Trade that 416 U.S. jewelry businesses closed their doors in the third quarter. That number was up 31 percent from the same quarter of last year.

Still, The Source Fine Jewelers is not the only jeweler that’s expanding or launching at the moment.

Advertisement

Impress Jewelry Creations held its grand opening this week in Granger, IN, the South Bend Tribune reports.

Grogan Jewelers by Lon opened a store this month in Franklin, TN, this month, taking the company beyond its Alabama roots, according to Spring Hill Home Page.

And South Dakota-based Riddle’s Jewelry earlier this month opened its second Billings, MT, location, the Billings Gazette reports. The jeweler operates in nine states.

In the third quarter, 64 new jewelry businesses opened in the U.S., including 49 retailers, according to the Jewelers Board of Trade. That’s compared with 74 in the third quarter of 2015.


Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Gone Fishin’ (Thanks to Wilkerson)

Whether you want to go fishing — or enjoy some of the other good things life has to offer — you can take a cue from Jim Adair and choose Wilkerson to run your retirement sale. After 38 years in business, Adair decided it was time to enjoy some free time. His Missoula, Montana store, Adair Jewelers, will stay in business but without him at the helm. It was the perfect opportunity to call in the experts in retirement sales. Adair says he spoke to a lot of people who have done retirement sales to help him make his decision and he chose Wilkerson. “Wilkerson seemed to have the best set up, the best organization, the most current marketing of any of them,” he says. “If you want to run a successful sale, you have too much money on the line to be screwing around with trying to do it yourself.”

Promoted Headlines

Most Popular