Headlines

With $500K Expansion, Jeweler Seeks to Meet Demand from ‘Next Generation’

Published

6 years ago

January 17, 2018

INSTORE Staff

The project is geared toward custom work.

Beeghly and Co. Jewelers in Greensburg, PA, is planning a $500,000 expansion geared toward the custom work that its younger customers prefer.

The project involves doubling the store’s space with a 1,500-square-foot addition, the Tribune-Review reports. An adacent building will be demolished to make way. Beeghly and Co. will also gain storage space with the addition of a basement.

Brian Beeghly, president of the company, told the Tribune-Review that much of the store’s equipment will be moved to the showroom so that customers can see custom work being performed.

He noted that “the next generation” seeks “the ability to have something made with what they have in mind.”

The building being torn down previously belonged to the Greensburg YMCA. Beeghly and Co., which opened in 1997, bought it for $100,000.

Read more at the Tribune-Review

When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”