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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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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.”

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