Headlines

Saks Fifth Avenue to Open Jewelry Store

Published

8 years ago

February 18, 2016

INSTORE Staff

The retailer is also including private jewelry rooms in other new locations.

Saks Fifth Avenue is planning to open a new store in Greenwich, CT that will be dedicated exclusively to selling jewelry, the New York Post reports. The article says that the jewelry store is part of the retailer’s strategy to create single-focus concepts, which include a planned store dedicated to shoes and another to sportswear. Saks is also entering the Canadian market, preparing to open two new stores there that will include private rooms for trying on jewelry, according to the Financial Post.

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.”