Headlines

New Industry Challenges Force Longstanding Boston Jeweler to Say Goodbye

Published

8 years ago

January 18, 2016

INSTORE Staff

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.”

Wilkerson Testimonials

Wilkerson: “They Feel Like Family”

Newton’s Jewelers in Fort Smith, Ark., was a true institution. But after being at the helm for most of his life, owner (and descendent of the original founder) Kelly Newton decided it was time to retire. He chose Wilkerson to handle the sale. “I’ve known the owners of Wilkerson for a long, long time. I felt at home with them,” he says. The final retirement sale was just a “blast” and the Wilkerson sales team made it so very simple and straightforward, says Newton. Would he recommend Wilkerson to others? Absolutely. “They’ve done incredible work,” says Newton. “They feel like family.”