California-based Shreve & Co. plans to close its store in downtown Portland, OR.
The company began a “total jewelry and watch liquidation sale” on Nov. 17.
The Pioneer Square location at 640 SW Broadway opened five years ago.
“We have had a great experience here,” said Lane Schiffman, co-owner of Shreve & Co., “making the decision to close a difficult one, but practical as our sales have not grown to our expectations. By closing the Portland store, we’ll gain more flexibility to focus our resources in our home market.”
The employees at the Shreve & Co. Portland location have been offered jobs in California, the company said.
The 164-year-old jeweler’s flagship store is at 150 Post St. in San Francisco. It also has a location in Palo Alto, CA.
Advertisement
Since 1992, Shreve & Co. has been part of Schiffman’s, a jeweler based in Greensboro, NC.
The company said “millions of dollars of exquisite diamonds, couture designer jewelry and fine Swiss timepieces” will be offered in the Portland liquidation.
Read more at PR Newswire
Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson
When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy.
Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision."
The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.
