Press Releases

LFS Consultants Names Director of Sales

He will help implement the company’s sales strategy and business development plans.

Published

5 years ago

August 13, 2019

INSTORE Staff

Darren Fries

(PRESS RELEASE) PITTSBURGH, PA – LFS Consultants, a recognized leader in jewelry liquidations, announces Darren Fries has joined the company as its new vice-president & director of sales. Fries was most recently vice-president for Simplex Consulting, LLC. He will join Melvin Schmidt, COO of LFS Consultants, implementing the company’s sales strategy and business development plans intended to increase their presence within the liquidation sales market.

“We are enthusiastic about Darren joining our team.” said Schmidt. “His extensive experience working with jewelers and other retailers across the county, means he really understands the challenges they face and is prepared to discuss the best options open to them.”

Fries attributes the work ethic and customer service focus of both LFS, and their parent company Don Conkey & Sons, as the main reason for accepting this new position. “Having a chance to work with a consulting group that shares the same values I have built my career on was the main driving force behind my decision to join LFS Consultants.”

Fries comes to LFS Consultants with over 27 years of sales and management experience in retail consulting. He has worked with both independent stores and national chains analyzing and resolving key business issues facing owners, including financial, marketing, promotions, trade shows and management. Fries has worked with jewelry stores that are members of RJO, IJO, CBG as well as AGS stores.

Like most retail segments today, the retail jewelry industry is undergoing constant change. The ability to adapt to these changes whether through financial analysis or marketing adjustments cannot be underestimated. Fries looks forward to expanding the number of clients LFS Consultants can help, and he is well positioned to be a valuable resource when working with financial institutions and asset based lending groups.

“I am excited to help LFS Consultants assist future clients who face challenges with their business. We know how to plan an event that will produce the highest return for inventory and assets.”

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”