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JB Hudson Jewelers in Minneapolis to Close After 136 Years in Business

Its owner will open a new store under a different name.

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JB Hudson Jewelers, which has operated in downtown Minneapolis for 136 years, will close its doors.

Its last day in business at the Nicollet Avenue site will be Dec. 31, the Minneapolis Star Tribune reports.

But that’s not the end of the story for the store or its employees. Gunderson’s Jewelers will move the workers to a new location it’s opening in Wayzata. The new store will operate under the Gunderson’s name.

Reduced walk-in traffic due to the work-from-home policies adopted by many downtown companies was a factor in the closing, Breanne Demers, president of Gunderson’s, told the newspaper.

Gunderson’s acquired JB Hudson in March from the Pohlad Cos. Gunderson’s is a family-owned jewelry retailer that also operates stores in Sioux City, IA; Omaha, NE; Sioux Falls, SD; and Fargo, ND.

Gunderson’s plans to keep the JB Hudson name alive. It’s reportedly looking in the Minneapolis/St. Paul area for a site to relaunch the brand, and a downtown location is a possibility.

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He Doubled His Sales Goals with Wilkerson

John Matthews, owner of John Michael Matthews Fine Jewelry in Vero Beach, Florida, is a planner. As an IJO member jeweler, he knew he needed an exit strategy if he ever wanted to g the kind of retirement he deserved. He asked around and the answers all seemed to point to one solution: Wilkerson. He talked to Rick Hayes, Wilkerson president, and took his time before making a final decision. He’d heard Wilkerson knew their way around a going out of business sale. But, he says, “he didn’t realize how good it was going to be.” Sales goals were “ambitious,” but even Matthews was pleasantly surprised. “It looks like we’re going to double that.”

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