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Jewelry Store Closing After 60+ Years … But There’s a Twist

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There’s good news.

As Scoville Jewelers in downtown Glens Falls, NY, closes its doors, another jeweler plans to take its place.

Regional chain Northeastern Fine Jewelry plans to open in the space, with a grand opening to be held in February, the Glens Falls Post-Star reports.

The newspaper reported in November that Scoville Jewelers would close, with the owners to retire. Husband-and-wife Chris Scoville and Debra Vales planned to travel worldwide to “search for an eventual winter residence on par with their summer home in Lake George,” according to the Post-Star.

The business opened in 1952 with Scoville’s parents at the helm. When the closing was announced, Scoville said the couple would hold onto the buildng and rent it out.

And that’s what he did.

Northeastern Fine Jewelry has signed on for a five-year lease, and a renovation is now planned.

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The newspaper quoted Scoville saying: “We are thrilled that they will provide our customers with the highest quality items and services, while continuing the tradition of a family-owned jeweler at our former location.”

Read more at the Post-Star

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Celebrate Your Retirement with Wilkerson

For nearly three decades, Suzanne and Tom Arnold ran a successful business at Facets Fine Jewelry in Arlington, Va. But the time came when the Arnolds wanted to do some of the things you put off while you’ve got a business to run. “We decided it was time to retire,” says Suzanne, who claims the couple knew how to open a store, how to run a store but “didn’t know how to close a store.” So, they hired Wilkerson to do it for them. When she called, Suzanne says Wilkerson offered every option for the sale she could have hoped for. Better still, “the sale exceeded our financial goals like crazy,” she says. And customers came, not only to take advantage of the going-out-of-business buys and mark-downs, but to wish a bon voyage to the beloved proprietors of a neighborhood institution. “People were celebrating our retirement, and that was so special,” says says.

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