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Texas Jeweler Takes Circuitous Route Back to Family Business

A background in hospitality helps in luxury retail.

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Chay Rees Runnels

Chay Rees Runnels has a family history in jewelry, a Ph. D. in forestry, a background in hospitality and a future in gemology. She teaches hospitality at Stephen F. Austin University, works at Rees Jewelry in Nacogdoches, TX, with her mom, Charlene Rees, and plans to pursue a graduate gemologist degree.

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After 139 Years, A Family Legacy Finds Its Perfect Exit With Wilkerson.

When third-generation jeweler Sam Sipe and his wife Laura decided to close Indianapolis’ historic J.C. Sipe Jewelers, they turned to Wilkerson to handle their retirement sale. “The conditions were right,” Sam explains of their decision to close the 139-year-old business. Wilkerson managed the entire going-out-of-business sale process, from marketing strategy to sales floor operations. “Our goal was to convert our paid inventory into retirement funds,” notes Sam. “The results exceeded expectations.” The Sipes’ advice for jewelers considering retirement? “Contact Wilkerson,” Laura says. “They’ll help you transition into retirement with confidence and financial security.”

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