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New Industry Challenges Force Longstanding Boston Jeweler to Say Goodbye

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Owners didn’t see business getting any better after a “quirky year in retailing.”

Dorfman Jewelers, owned by two brothers whose family has ran a jewelry store in Boston since the Great Depression, is closing after what one of the brothers calls a “quirky year in retailing,” the Boston Globe reports. Jonathan Dorfman pointed to a number of factors that prompted the brothers’ decision to close, including changing consumer sentiment and uncertainty in China. “The luxury business is going through a difficult time,” he told the Globe. “I didn’t see it getting better for several years. We figured it made sense to monetize the inventory and say goodbye.”

Read more at the Boston Globe

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If It’s Time to Consolidate, It’s Time to Call Wilkerson

When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

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