Canada-based jewelry retailer Spence Diamonds has announced plans to expand into the U.S.
market with stores opening in Austin, TX, on Nov. 7 and in San Jose, CA, on Nov. 10.
The company will open in Scottsdale, AZ, in the first quarter of 2017 and will soon announce additional markets, according to a press release.
The retailer calls itself a “jewelry disruptor” in part because of its line of “Spence Artisan Created Diamonds.”
“We have reimagined the experience of the diamond business by creating an environment that is open, bright and transparent,” said Jim Schneider, president of Spence Diamonds. “Watching a diamond being created from a ball of plasma while exploring jewelry in open cases without the traditional barriers is a refreshing concept.”
The stores will also sell traditional mined diamonds.
The company, founded in 1978, said it “has secured prime retail locations with high foot traffic including Santana Row in San Jose and The Domain in Austin.”
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Four Decades of Excellence: How Wilkerson Transformed a Jeweler's Retirement into Celebration
After 45 years serving the Milwaukee community, Treiber & Straub Jewelers owner Michael Straub faced a significant life transition. At 75, the veteran jeweler made a personal decision many business owners understand: "I think it's time. I want to enjoy my wife with my grandchildren for the next 10, 15 years."
Wilkerson's expertise transformed this major business transition into an extraordinary success. Their comprehensive approach to managing the going-out-of-business sale created unprecedented customer response—with lines forming outside the store and limits on how many shoppers could enter at once due to fire safety regulations.
The results exceeded all expectations. "Wilkerson did a phenomenal job," Straub enthuses. "They were there for you through the whole thing, helped you with promoting it, helping you on day-to-day business. I can't speak enough for how well they did." The partnership didn't just facilitate a business closing; it created a celebratory finale to decades of service while allowing Straub to confidently step into his well-earned retirement.
