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Reader Letters on the Economy and More

Plus some loved the INSTORE Design Awards while others did not.




  • LOVED the INSTORE Design Awards issue. It shows what other jewelers like throughout the whole industry. My associates and I voted as a group and looked at the issue together. It was a great way to appreciate styles, stones, and craftsmanship. I’m nervous about an additional slowdown and having more inventory than I need at that time. It’s a catch 22: I need it now but can’t predict the future, and there is a lot of difference in the amount of inventory now and in 2019. — Valerie G., Edenton, NC
  • I thought just about everything looked the same in the Design Awards. Seems like the same companies keep competing on who can mirror who. I didn’t really care for the selections. — Marc M., Midland, TX
  • I was really excited to be back at JCK (I haven’t been since before the pandemic). It was a super successful show and it felt like everyone was in a great mood. — Becky B., Peabody, MA
  • We’re worried about a recession coming sooner than later. Focusing on engagement rings from here on out. Starting to pivot. Getting a buy license. — Elizabeth S., San Diego, CA
  • So far, we have not suffered any noticeable ill effects from the state of the economy or the total chaos in Washington DC, but I fear it will catch up with us in the second half of 2022. — James S., Lowell, IN
  • As an industry, it’s time to get out of the negative and into the positive. One thing I learned in retail sales, which I’ve been in since I was 19 years old (I’m now 62), is the power of positivity. This is going to be the best year ever if you get off your butt to make it happen. Would like more detail in the articles on utilizing modern-day marketing techniques. Great magazine; I love reading that every time it comes out. — Rick W., South Jordan, UT
  • I feel the second half of this year will be good if, if, if … jewelers focus on their stores, staff and stay positive and not buy into the news of high interest rates and high gas prices. You are what you focus on. Stay positive, talk positive, advertise positively. — Dan L., Concord, NC
  • Second half of ‘22 will be quite interesting. Will people finally start pulling back? They certainly aren’t so far, but my RJO show purchases will be more guarded. Which will be tough because it’s close enough I can take all my staff … they will find lots they think I should buy. 🙂 — Tom N., Spencer, IA
  • So as the debate between lab-grown and natural diamonds rages on, one thing that cannot be denied when it comes to lab-grown: They are truly stunning stones, made well and really have the wow factor when customers (and jewelers) see them. — Alex W., Torrance, CA
  • After 50 years in the magical jewelry industry, I’ve semi-retired to a smaller — less rent and more enjoyable business!! Thanks to everyone I’ve had the pleasure of meeting and working with along the way. What a great industry and a great way to spend the last 50 years. Life is good. — Frank S., Plantation, FL

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Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at [email protected].



Wilkerson Testimonials

Is It Your Time to Enjoy Life? Wilkerson Can Get You There.

Mary and Tim Whalen, owners of Crown Jewelers in Pittsfield, Mass., wanted to enjoy life beyond their business. When they decided to retire and close shop, they asked Wilkerson to handle the sale. As long-time Wilkerson customers, Mary says she knew the company could manage all the details of the liquidation. It was also great to have “fresh eyes” on their business, says Mary, which “worked tremendously for us.” Today, the Whalens are beginning a new adventure but are quick to commend Wilkerson for helping them get there. “You have one chance to get it right,” she says about their retirement sale. “Do it right.”

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