Headlines

U.S. Jewelry Sales Rise in All-Important Month of May

Published

8 years ago

July 19, 2016

INSTORE Staff

Fine watch sales took a big step forward.

Sales of fine jewelry and watches in the U.S. increased by 4.2 percent in May over last year, according to data from the U.S. Department of Commerce that’s cited by IDEX. Noting the importance attached to sales in May (since it includes Mother’s Day), the article says fine jewelry sales increased by an estimated 4.1 percent in the month while fine watch sales jumped by 5.1 percent. Total U.S. sales of jewelry and watches for May were estimated at $7.4 billion, much higher than the average level of $5 billion for monthly sales.

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.”