Connect with us

Press Releases

2 Longtime Arkansas Jewelers Merge

It will enhance opportunities for both stores to grow by sharing talents and resources in non-competitive markets.

mm

Published

on

(PRESS RELEASE) HOT SPRINGS, AR — Lauray’s the Diamond Center of Hot Springs, AR, a family-owned since 1924, will be acquired by Murphy-Pitard Jewelers of El Dorado, AR, which has been in business since 1939. This “marriage” of jewelry tradition “is motivated by the strong commitment of both owners to continually improve customer service and to remain an integral part of their respective communities,” according to a press release.

The merger was the idea of Mark Fleischner, owner of Lauray’s, and Toddy Pitard, owner of Murphy Pitard Jewelers. Introduced by a mutual friend, the two owners quickly bonded, realizing that they share a common passion for their businesses, a mutual sense of pride in being part of the history of their hometowns, and a commitment to family-owned business. As Fleischner began to contemplate retirement in the coming years, he knew that Pitard was the man to partner with to continue his legacy. In his own words, Fleischner explains, “We wouldn’t tie our name and share our business with just anyone. Our family has worked for three generations in serving the people of Hot Springs, so we have a lot to protect. With Toddy and Amanda, though, it just feels like family. We are excited for them to be a part of ours and to become a part of theirs.”

Video: Why Your Digital Marketing Doesn’t Work Like the Experts Say It Should
Jim Ackerman

Video: Why Your Digital Marketing Doesn’t Work Like the Experts Say It Should

Video: Don’t Miss the Biggest Opportunity to Improve Profits in Your Jewelry Store
Jimmy Degroot

Video: Don’t Miss the Biggest Opportunity to Improve Profits in Your Jewelry Store

Video: Gene the Jeweler Hired His Nephew … And at Least Insurance Covered the Damage
Gene the Jeweler

Video: Gene the Jeweler Hired His Nephew … And at Least Insurance Covered the Damage

Both stores share similar roots and values. For the owners, Mark and Patti Fleischner of Lauray’s, and Toddy and Amanda Pitard of Murphy-Pitard, the new ownership makes sense. Together, the two businesses provide over 170 years of jewelry experience. With Toddy being a master bench jeweler and Amanda being a graduate gemologist, the Pitards bring significant credentials to the table. In addition, Murphy-Pitard boasts two certified in-house watchmakers who will now be able to service the watches of Lauray’s customers in a local setting. The patrons of both stores will still see their respective owners in-store for daily operations.

“It’s a real blessing to play a part in bringing these two communities together. Many of our customers have vacation residences in Hot Springs or have retired to Hot Springs Village. We are thankful to be able to join them where they are and build new relationships with the Hot Springs locals,” said Toddy Pitard.

The merger will enhance opportunities for both stores to grow by sharing talents and resources in non-competitive markets. According to Toddy Pitard, “By uniting our store managements and leveraging our brand and industry relationships, we will achieve stronger buying power for more brand opportunities with lower ticket prices. There’s certainly strength in numbers, and we couldn’t be more excited about this partnership.”

Advertisement

VIDEO HIGHLIGHT

Wilkerson Testimonials

Texas Jeweler Knew He'd Get Only One Shot at a GOB Sale, So He Wanted to Make It Count

Most retailers only have one GOB sale in their lifetimes. This was the case for Gary Zoet, owner of Shannon Fine Jewelry in Houston, Texas. “Wilkerson has done thousands of these sales,” says Zoet. “I’ve never done one, so it’s logical to have somebody with experience do it.” The result exceeded Zoet’s expectations. Wilkerson took care of everything from marketing to paperwork. When it’s time for you to consider the same, shouldn’t you trust the experts in liquidation?

Promoted Headlines

Want more INSTORE? Subscribe to our newsletter.

Comment

Press Releases

Parcel Pro Launches Partnership with MJSA

This provides MJSA Premier-level members with exclusive rates for insured transportation.

mm

Published

on

(PRESS RELEASE) Parcel Pro, a UPS Capital company, announced a partnership with Manufacturing Jewelers & Suppliers of America (MJSA) that provides MJSA Premier Members access to innovative technology and insured shipping at a time when the industry is experiencing rapid e-commerce growth.

Online sales of luxury goods continue to flourish with growth of 24% in 20171. According to the 2018 Luxury E-commerce Report, six out of 10 of the fastest growing luxury websites surveyed were jewelry and watch companies. Jewelry represented 13.4% of the 130 companies’ online sales.

Video: Why Your Digital Marketing Doesn’t Work Like the Experts Say It Should
Jim Ackerman

Video: Why Your Digital Marketing Doesn’t Work Like the Experts Say It Should

Video: Don’t Miss the Biggest Opportunity to Improve Profits in Your Jewelry Store
Jimmy Degroot

Video: Don’t Miss the Biggest Opportunity to Improve Profits in Your Jewelry Store

Video: Gene the Jeweler Hired His Nephew … And at Least Insurance Covered the Damage
Gene the Jeweler

Video: Gene the Jeweler Hired His Nephew … And at Least Insurance Covered the Damage

Additionally, consumers continue to express an interest in custom-designed jewelry. In fact, custom now represents 40% of the $10 billion bridal market2. With jewelers selling more online goods, the need for reliable, insured transportation is crucial to meeting customer demand.

“E-commerce retail revenue is expected to top $4.88 trillion by 20213, so it is no surprise we are seeing more luxury goods shipments,” said Parcel Pro President Manuel Valdez. “Our solutions and capabilities will help MJSA members meet the growing needs of their customers whether they’re shipping $1 million or $500 million in goods a year.”

“Our members require safe, secure shipping options—particularly given the high value of jewelry shipments—and MJSA is excited to be partnering with Parcel Pro to meet that need,” said David W. Cochran, MJSA president/CEO. “Parcel Pro’s international reach their tools to reduce risk, and their commitment to customer service have earned them a world-class reputation.”

Parcel Pro offers:

  • Secure pickup and delivery in key jewelry markets including New York City, Miami, Los Angeles, Chicago, and San Francisco.
  • Proactive package monitoring and carrier communications to minimize delivery delays and risks.
  • Myriad technology resources, including web tools for shipping, tracking, APIs, a mobile app, and integration with a Magento store.
  • Loss and damage protection for commercial shipments valued up to $150,000 in the U.S. and $100,000 to select countries and territories.

Parcel Pro makes it less risky to transport high-value goods. The company’s risk management and shipping procedures have been proven to reduce losses.

By endorsing Parcel Pro, MJSA provides Premier-level members with exclusive rates for insured transportation. “All of those members rely on us to provide the support and resources needed to help them to grow and to run their businesses efficiently and profitably,” said Cochran.

Parcel Pro is part of the MJSA Member Protection Package, a portfolio of leading business providers offering a spectrum of best-in-class services.

Continue Reading

Press Releases

Jewelry Designer Mark Schneider Wins 40th Spectrum Award

His philosophy of jewelry is to create designs as wearable art.

mm

Published

on

(PRESS RELEASE) Mark Schneider, American award-winning fine jewelry designer, recently returned from the Spectrum Awards Gala at the Tucson Gem and Mineral Show where he was awarded his 40th AGTA (American Gem Trade Association) Spectrum Award for 2nd Place in the Men’s Wear division.

Each year a panel of experts at AGTA honors designers based upon the merits of their innovative designs. Having won 40 Spectrum Awards in divisions such as Men’s Wear, Business Day Wear, Bridal Wear, and Objects of Art, Schneider is one of the most recognized American designers of our time. He has had many of his pieces on display in museums throughout the country.

Video: Why Your Digital Marketing Doesn’t Work Like the Experts Say It Should
Jim Ackerman

Video: Why Your Digital Marketing Doesn’t Work Like the Experts Say It Should

Video: Don’t Miss the Biggest Opportunity to Improve Profits in Your Jewelry Store
Jimmy Degroot

Video: Don’t Miss the Biggest Opportunity to Improve Profits in Your Jewelry Store

Video: Gene the Jeweler Hired His Nephew … And at Least Insurance Covered the Damage
Gene the Jeweler

Video: Gene the Jeweler Hired His Nephew … And at Least Insurance Covered the Damage

Best known for his contemporary engagement rings, unique colored gemstone jewelry, and custom jewelry designs, his jewelry creations are known for their simplicity and clean, fluid lines. Schneider’s philosophy of jewelry is to create designs as wearable art. His out of the box thinking and skilled craftsmanship makes him a highly sought-after custom jewelry designer. Schneider’s designs are handcrafted on-site in his design studio in Long Beach, California.

From his bold color pieces to his unique bridal designs, Schneider pushes the conventional ideas of jewelry design and constantly strives to challenge himself in creating unique jewelry and designing with his customers in mind. His distinct perspective on jewelry making has earned him some of the most coveted design awards and honors within the jewelry industry. View his designs on his website at www.MarkSchneiderDesign.com.

Continue Reading

Press Releases

Select Jewelry Show Announces 2019 Dates & Locations

Mark it on your calendar.

mm

Published

on

(PRESS RELEASE) Select Shows are smaller, more personal events featuring 55-65 of the most popular lines and prestigious brands. Select Shows were created ten years ago to provide the retail jeweler with comfort and convenience while working with nationally recognized fine jewelry designers and manufacturers in important categories retail jewelers need to achieve sales success.

Podcast: Michael O’Connor, Jewelry’s Perfect Spokesman, Visits ‘The Barb Wire’
The Barb Wire

Podcast: Michael O’Connor, Jewelry’s Perfect Spokesman, Visits ‘The Barb Wire’

Podcast: A Jeweler Learns the Internet’s Weaknesses, and His Own Strengths
Over the Counter

Podcast: A Jeweler Learns the Internet’s Weaknesses, and His Own Strengths

Podcast: How to Find Good People and Avoid Employee Nightmares
JimmyCast

Podcast: How to Find Good People and Avoid Employee Nightmares

The shows run Sunday and Monday. Complimentary breakfast and lunch and a fabulous cocktail party are available to all attendees. Qualified retailers receive complimentary hotel accommodations.

For 2019 Select will be returning to the Ritz-Carlton in Dallas, Texas – September 8-9, 2019; the Ritz-Carlton Downtown, Washington, DC – September 15-16, 2019; and Foxwoods Resort & Casino in Connecticut – September 22-23, 2019.

Be sure to put Select Jewelry Shows on your calendar and discover a new way to do business. For more information visit www.SelectJewelryShows.com or call 844-285-1103.

Continue Reading

Most Popular