Watch: How to Hold a Retirement or Going-Out-of-Business Sale

Aug 09, 2021

Watch: How to Hold a Retirement or Going-Out-of-Business Sale

Josh Hayes of Wilkerson and Jim Adair of Adair Jewelers give jewelers insights into preparing for the next step.

A jeweler deciding they’re ready to retire is just the first step in preparing a store to close or be passed along to a new owner.

Nailing the retirement or closing sale is pivotal in raising capital for whatever’s next, and there are a lot of things to take into consideration.

To help guide retailers getting ready for retirement, National Jeweler invited Josh Hayes of Wilkerson and Jim Adair of Adair Jewelers for a conversation about the necessary preparation, how they market closing events, and other important insights.

Watch the full session above, and join us tomorrow at 2 p.m. EDT for the next episode of My Next Question.

Our Editor-in-Chief will be chatting with three prominent members of the industry who are also published authors about their book-writing process. 

For more information on that event or past webinars, visit

 Related stories will be right here …
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

MajorsSep 24, 2021
Brilliant Earth Is Now a Public Company

CEO Beth Gerstein said she believes in the jeweler’s omnichannel approach as its retail rollout continues.

Events & AwardsSep 24, 2021
These 3 Companies Will Receive Business Grants from PGI USA

PGI created the program to accelerate the growth of the platinum jewelry market in the U.S.

CollectionsSep 24, 2021
Zales Introduces Elvis Presley Men’s Jewelry Line

From its curb link chains to statement diamond rings, the new collection takes inspiration from the “King of Rock ‘n’ Roll.”

Brought to you by
Bringing Sexy Back: The Allure of COUTURE, Italian Style

Take a tour of Italian designers at COUTURE 2021.

TrendsSep 24, 2021
Piece of the Week: Mateo’s Initial Pendant

It’s a trendy take on personalization.

Weekly QuizSep 23, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of Sept. 20-24, 2021.
Take the Quiz
CrimeSep 23, 2021
5 Men Who Fenced Stolen Diamonds Get 15 Years in Prison

They bought and resold jewels from a South America-based gang that targeted traveling salespeople across the United States.

SourcingSep 23, 2021
Joanna Hardy Completes Gemstone Trilogy with ‘Sapphire’ Book

It’s the follow-up to “Emerald” and “Ruby.”

Brought to you by
What is your Health Care Coverage Strategy?

Health care coverage is a big expense for small businesses - find out how to lower costs long-term instead of every 12 months.

GradingSep 23, 2021
Another Diamond With Fake GIA Inscription Surfaces

Graders at HRD Antwerp found this one, a HPHT-treated natural diamond inscribed with the report number of an untreated stone.