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John Hardy to Open First U.S. Location in New York

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Company rents out entire building in Soho.

John Hardy, a Hong Kong-based jewelry brand, will open its first U.S. location after signing a lease to take over all three floors of a Soho building in New York City, the Commercial Observer reports. Real estate broker Matthew Seigel told the news outlet that the company picked Soho “because of the heavy foot traffic in the retail-focused neighborhood,” noting that the 118 Prince St. location “stood out particularly because it is a one-purpose building – something that’s a rarity on the street.” All three floors total 3,600 square feet, and asking rent on the ground floor was $1,200 per square foot, the article says.

Read more at Commercial Observer

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You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”

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