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When Disaster Strikes

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Our lead story in this issue might be a bit tough to read.  
Imagine the worst thing that could happen to your business. And see if your imagination matches the reality that actual jewelry businesses faced in our lead story, ?Starting Over?.  

In this feature, we visit a store destroyed by a fire, another where the manager was robbed at knifepoint of virtually all of the store’s merchandise, another struck by a calamitous flood, and another which had a speeding car crash through its front window at 100 miles per hour. Finally, we’ll take you to another store, located in the shadow of the World Trade Center, that was devastated by the events of September 11, 2001. 

Horrible events? Absolutely, yes. Each business suffered enough that its owner(s) would have been perfectly justified in closing up shop. And yet none of them stayed closed for more than a few months. And today, you could say that each of them is better and stronger now than they’ve ever been.  

How did each store bounce back so strongly? In most cases, with the help of friendly neighbors, business associations, understanding customers, and supportive fellow members of the industry.  

Our store owners provide lessons they’ve learned and things they wish they knew before disaster struck: how to safely store jewelry and flood- and fire-proof your store, ways to lower the risk of losing everything in a robbery, even how to handle telling your customers that you’ve lost all their jewelry. 

But, let’s face it, in the end, there is no way you can ever truly prepare for disasters like these. And the real key to each of these comeback stories is something that can be found only inside oneself.  

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Because when the worst happens, that’s when the best in us comes out.  

And that’s probably the most important ? and inspirational ? lesson any story can provide. See you next issue. 

Wishing you the very best business,

David Squires  
Executive Editor and Associate Publisher  
Click here

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SPONSORED VIDEO

Wilkerson Testimonials | Sollberger’s

Going Out of Business Is an Emotional Journey. Wilkerson Is There to Make It Easier.

Jaki Cowan, the owner of Sollberger’s in Ridgeland, MS, decided the time was right to close up shop. The experience, she says, was like going into the great unknown. There were so many questions about the way to handle the store’s going-out-of-business sale. Luckily for Cowan, Wilkerson made the transition easier and managed everything, from marketing to markdowns.

“They think of everything that you don’t have the time to think of,” she says of the Wilkerson team that was assigned to manage the sale. And it was a total success, with financial goals met by Christmas with another sale month left to go.

Wilkerson even had a plan to manage things while Covid-19 restrictions were still in place. This included limiting the number of shoppers, masking and taking temperatures upon entrance. “We did everything we could to make the staff and public feel as safe as possible.”

Does she recommend Wilkerson to other retailers thinking of retiring, liquidating or selling excess merchandise? Absolutely. “If you are considering going out of business, it’s obviously an emotional journey. But truly rest assured that you’re in good hands with Wilkerson.”

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David Squires

When Disaster Strikes

Published

on

Our lead story in this issue might be a bit tough to read.  
Imagine the worst thing that could happen to your business. And see if your imagination matches the reality that actual jewelry businesses faced in our lead story, ?Starting Over?.  

In this feature, we visit a store destroyed by a fire, another where the manager was robbed at knifepoint of virtually all of the store’s merchandise, another struck by a calamitous flood, and another which had a speeding car crash through its front window at 100 miles per hour. Finally, we’ll take you to another store, located in the shadow of the World Trade Center, that was devastated by the events of September 11, 2001. 

Horrible events? Absolutely, yes. Each business suffered enough that its owner(s) would have been perfectly justified in closing up shop. And yet none of them stayed closed for more than a few months. And today, you could say that each of them is better and stronger now than they’ve ever been.  

How did each store bounce back so strongly? In most cases, with the help of friendly neighbors, business associations, understanding customers, and supportive fellow members of the industry.  

Our store owners provide lessons they’ve learned and things they wish they knew before disaster struck: how to safely store jewelry and flood- and fire-proof your store, ways to lower the risk of losing everything in a robbery, even how to handle telling your customers that you’ve lost all their jewelry. 

Advertisement

But, let’s face it, in the end, there is no way you can ever truly prepare for disasters like these. And the real key to each of these comeback stories is something that can be found only inside oneself.  

Because when the worst happens, that’s when the best in us comes out.  

And that’s probably the most important ? and inspirational ? lesson any story can provide. See you next issue. 

Wishing you the very best business,

David Squires  
Executive Editor and Associate Publisher  
Click here

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | Sollberger’s

Going Out of Business Is an Emotional Journey. Wilkerson Is There to Make It Easier.

Jaki Cowan, the owner of Sollberger’s in Ridgeland, MS, decided the time was right to close up shop. The experience, she says, was like going into the great unknown. There were so many questions about the way to handle the store’s going-out-of-business sale. Luckily for Cowan, Wilkerson made the transition easier and managed everything, from marketing to markdowns.

“They think of everything that you don’t have the time to think of,” she says of the Wilkerson team that was assigned to manage the sale. And it was a total success, with financial goals met by Christmas with another sale month left to go.

Wilkerson even had a plan to manage things while Covid-19 restrictions were still in place. This included limiting the number of shoppers, masking and taking temperatures upon entrance. “We did everything we could to make the staff and public feel as safe as possible.”

Does she recommend Wilkerson to other retailers thinking of retiring, liquidating or selling excess merchandise? Absolutely. “If you are considering going out of business, it’s obviously an emotional journey. But truly rest assured that you’re in good hands with Wilkerson.”

Promoted Headlines

Most Popular