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Video: Kendra Scott Temporarily Closes Jewelry Stores Due to COVID-19

The CEO says the company was built ‘with family as our first pillar.’

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Published

4 years ago

March 16, 2020

INSTORE Staff

Kendra Scott is among retailers nationwide closing stores due to the coronavirus pandemic.

The company announced that all of its locations will be shuttered March 16-29. Kendra Scott’s website lists 100 U.S. stores in 35 states and the District of Columbia.

In a video posted to YouTube, Scott, CEO of the eponymous company, said the company was built “with family as our first pillar.” She noted that she is taking care of her own elderly father following recent medical treatment and that the crisis “hits home in a very real way.”

“This was not an easy decision and is one made with the best interest of not just our employees, but our communities and country in mind,⁣⁣” she said.

The company is “working with all of our retail employees as we extend our paid time off policies,” Scott said. The business will seek ways to help communities through philanthropy.

Kendra Scott will continue selling online.

Business Insider reports that major retailers including Nike, Abercrombie & Fitch and Urban Outfitters have closed physical stores for at least the next two weeks.

Watch Kendra Scott’s video:

Related Topics: COVID-19 Latest News Top

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

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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.”