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Published

17 years ago

July 2, 2008

OVER THE LAST SERVERAL ISSUES, we’ve given you some ideas how to prepare for the big Las Vegas shows.

Now, it’s time to use them. You’ve packed your bags, you’ve set your open-to-buy, and you’ve identified key price points and product types that you need to fill out your mix. At long last, the time has arrived to say ?Viva Las Vegas!?

As at least some of you will be picking up this issue of Instore at the show itself, there’s still time for some last-minute reminders.

* Take your time to buy. Do one circuit of the show in ?just looking? mode. Bring a pen and notepad and take extensive notes on the products that interest you. But just don’t make any impulse purchases that you’ll be sorry about when you meet someone selling something better, and cheaper, on days two, three and four. Stocking your store is far too important to do on impulse. Once you’ve seen everything there is to see, then we’ll give you the green light … buy, buy, buy!

* Get a higher education. Vegas has dozens of great seminars, featuring some of the smartest people in the business. Don’t forget to take advantage of this golden opportunity to learn. Drop in to as many seminars as you can fit in … you’ll get plenty of ideas on how to improve your store, plus the inspiration you need to get it done.

* Make new friends. You’re not just here to do business, you’re here to build relationships. So schmooze. Ask at least one person out for a coffee every day ? other retailers, potential new suppliers, possible mentors and consultants.

* Come visit us! Instore is located at Booth 217 in the foyer area. Drop by our booth to say hello, share your ideas, tell us what we’re doing right and wrong, and let us know how we can make this magazine even more valuable to you. And have your business cards ready: one of our main aims this year is to find lots of new members to add to one of our most magazine’s important resources, our Instore Professional Retailers Panel. See you at the show!

Wishing you the very best business …
David Squires
Executive editor and Associate publisher
(Click here)

Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson

When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy. Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision." The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.