Independents

2 Notable Independent Retailers Shuttering

IndependentsAug 29, 2018

2 Notable Independent Retailers Shuttering

Monahan & Co. has served Massachusetts for more than 200 years, while The Green Bull Fine Jewellery Couture is a beloved fixture in Texas Hill Country.

20180829_GreenBull.jpg
The Green Bull, located in Texas Hill Country, is one of two notable independent fine jewelry retailers in the midst of closing.

New York—Two notable jewelry retailers, one in Massachusetts and the other in Texas, are closing.

Monahan & Co. opened in Worcester, Massachusetts on Oct. 10, 1815 after goldsmith Jeremiah O’Neill Patrick Monahan immigrated to the area from Dublin, Ireland.

Five generations later, current owner Michael Monahan, Jeremiah’s great- great-grandson (who was, coincidentally, born on Oct. 10), said the store is “undisputedly the oldest family-owned and -operated jewelry store in America.”

Monahan & Co. has received much recognition over its 200-plus years in business, earning letters and visits from politicians like John F. Kennedy Jr. and athletes like Muhammad Ali. Monahan said that at one point, a sitting governor of Massachusetts issued a proclamation that, statewide, Oct. 10 is Monahan Day.   

The store is famed for its Cape Cod gold ball bracelet and Monahan said it was Jeremiah Monahan who introduced the famous Irish Claddagh ring, depicting a heart, two hands and a crown, to the United States in the 19th century.

The store moved from Worcester to Harwich, Massachusetts in the 1970s, right on Route 28, Cape Cod’s main drag.

Monahan said his “unique and historical store violates every single rule of displaying jewelry.”

Rather than displaying a few items in a case and letting product “breathe” as is suggested, Monahan will stock 300 to 400 pieces per display while a silver jewelry case “might have 1,000 pieces inside.”

Monahan’s Cape Cod customers love the treasure hunt of digging through the store’s many items.

Those not interested in jewelry enjoy looking around the historic building, which has antique cars parked outside and pictures of the store’s famous patrons on the walls.


Monahan & Co. After working since the age of 7, Monahan, who will be 78 this October, is ready to retire. He plans to reside in Vero Beach, Florida during the winter and Jeremiah’s original homestead in Ireland during the summers, which he recently purchased.

He explained that the digital era has made operating a brick-and-mortar independent more difficult than ever.

“Fifteen-hundred packages a week are coming into Harwich Port,” he noted, and many of them from companies like Amazon. “The internet has really hurt the mom-and-pop stores. You can see the handwriting on the wall.”

Still, he sees the necessity of selling online. His daughter, who also resides in Florida, plans to operate an online version of the store beginning in October at MonahanJewelers.com and at TheCapeCodBracelet.com.

For now, Monahan is

operating a “Store Closing Forever” sale, without the help of any liquidators. Sept. 30 will be the store’s last day.

In Boerne, Texas, about 30 miles outside of San Antonio in Texas Hill Country, the Gowen family has owned and operated The Green Bull Fine Jewellery Couture for 21 years.

Located at 325 South Main St. in a circa 1898 livery stable the Gowens renovated, the store is a local mecca for jewelry from designers like Sethi Couture, Gabriel & Co. and Meira T, as well as owner Jerry Gowen’s own designs.

Gowen has been dedicated to a career in design since creating a tie tack for his father when he was 6 years old.

He went on to earn a degree in theology while also studying painting and sculpture. He studied jewelry technology at the Texas Jewelry Institute and was winner of the Texas State Design competition in 1997, the same year he and his family opened The Green Bull.

The store was known for its warm, friendly attitude, garnering several awards over the years. It was voted “Best Jeweler” in Kendall County for 20 years in a row and included in the Fodor’s Travel Guide “Favorite Shopping” list. InStore magazine designated The Green Bull as one of “America’s Coolest Stores” in 2009.

“We are so grateful for the accolades,” Gowen said in a press release, “but unfortunately our sales have dropped dramatically over the past three years. The jewelry that we manufacture here, the custom design and repairs have kept us busy. However, our other jewelry sales of beautiful fine jewelry and engagement rings have almost disappeared.

“This is an incredibly sad time for me, my wife Kathryn our daughter Emma, our son Sandis, and our staff. I have the same passion for this store today as I did on the day we opened it. But difficult times call for difficult decisions, and this was the hardest decision I’ve ever had to make … our only choice is to close our doors in Boerne forever.”

The Green Bull is in the midst of a going-out-of-business liquidation sale, in which the store’s multimillion-dollar inventory of diamonds, gemstone jewelry and timepieces are being offered for up to 60 percent off retail.

The Gowens also will sell the historic livery stable that houses The Green Bull.

For further information on the sale, contact the store at 830-249-7393.
Ashley Davisis the senior editor, fashion at National Jeweler, covering all things related to design, style and trends.

The Latest

National Jeweler columnist Sherry Smith
ColumnistsJan 22, 2025
On Data: How Did Independent Jewelers Fare in 2024?

Sherry Smith shares data on the year gone by, including the breakdown between natural and lab-grown diamond sales.

Los Angeles wildfires
Policies & IssuesJan 22, 2025
Jewelers Mutual Steps Up Aid for LA Jewelry Businesses

The company also is matching donations made to Jewelers of America and the Diamond Council of America’s Jewelers Relief Fund.

Jewelers of America 20 Under 40 graphic
Events & AwardsJan 22, 2025
JA Seeking Nominations for Its Next ‘20 Under 40’ Class

Now in its fourth year, the program is expanding to include a list of “20 Under 40” for jewelry suppliers.

Resolutions - 2025.jpg
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers

The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.

Holiday wrapped gift boxes
SurveysJan 22, 2025
Holiday Sales Hit Record High, Says NRF

Core retail sales during the 2024 holiday season surpassed the National Retail Federation’s forecast.

Weekly QuizJan 16, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Foundrae Reach for Life collection campaign
CollectionsJan 22, 2025
Foundrae’s New Collection Channels the Power of Now

The “Reach for Life” collection uses feather and arrow motifs to invite growth and inner curiosity.

National Jeweler columnist Peter Smith
ColumnistsJan 21, 2025
Peter Smith: Sales Training’s Dirty Little Secret

Peter Smith pulls back the curtain on the often misinterpreted, and sometimes maligned, world of sales training.

ride_or_die_1872x1052.png
Brought to you by
A Diamond Is Forever Celebrates "Forever Present" Holiday Campaign

A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’

Lord Jewelry brown and white diamond ring
TrendsJan 21, 2025
Amanda’s Style File: Decadent Mocha Mousse

Pantone’s 2025 Color of the Year takes the form of jewelry through gemstones and enamel that look just as delicious as mocha mousse.

Charms from designer Jenna Blake
Policies & IssuesJan 21, 2025
These Designers and Retailers Are Raising Money for LA Wildfire Relief

From raffles to auctions to donations, the industry is working to aid charities in Los Angeles amid the raging wildfires.

Diamonds Do Good
SourcingJan 21, 2025
Diamonds Do Good Adds 2 Board Members

Julia Hackman Chafé and Monica Elias have joined the organization’s board of directors.

Bucellati necklaces
FinancialsJan 17, 2025
Richemont’s Jewelry Sales Rise 14% in Holiday Quarter

The company, which owns Cartier and Van Cleef & Arpels, had a record Q3, with sales topping $6 billion.

Picchiotti Classic Blue and Green Necklace
CollectionsJan 17, 2025
Piece of the Week: Picchiotti’s Transformable ‘Classic Blue and Green’ Necklace

The necklace features a sapphire drop weighing more than 9 carats that detaches to transform into a ring.

Jameel Mohammed
MajorsJan 17, 2025
Tiffany & Co., CFDA Name First Winner of Jewelry Designer Award

Jameel Mohammed, founder of Afrofuturist brand Khiry, will receive a cash prize and a one-year paid fellowship with Tiffany & Co.

Timex National Park Collection
WatchesJan 16, 2025
Timex Launches Collection of National Park Watches

The watches’ dials feature artwork celebrating the vibrant energy and unique landscapes of six of America’s national parks.

Elizabeth Taylor diamond line bracelet
AuctionsJan 16, 2025
Elizabeth Taylor’s Diamond Line Bracelet Going up for Auction

Offered by U.K. auction house Woolley & Wallis, the yellow diamond bracelet was a gift from Taylor’s good friend Michael Jackson.

JCK open registration graphic
Events & AwardsJan 16, 2025
JCK Las Vegas 2025 Open for Registration

The jewelry trade show returns to The Venetian Expo and The Venetian Resort in Las Vegas from June 6 to 9.

Iris Apfel
EditorsJan 15, 2025
The Jewelry I’d Bid On in Christie’s Iris Apfel Auction

Associate Editor Natalie Francisco highlights her favorite fashion jewelry pieces from the upcoming “Unapologetically Iris” auction.

Macy’s Herald Square New York City store
MajorsJan 15, 2025
Macy’s to Close 66 Stores as Part of Turnaround Strategy

The closures are part of the retailer’s plan to close 150 locations over a three-year period.

Jewelers Vigilance Committee Americans with Disabilities Act guide cover
Policies & IssuesJan 15, 2025
JVC Debuts Guide to Americans with Disabilities Act Compliance

The online guide is available for free and written with the jewelry industry in mind.

Jose Hess Design Award Trophy
Events & AwardsJan 15, 2025
Jose Hess Design Awards Open for Submissions

The awards honor the late Jose Hess, a founding member of AJDC and an award-winning jewelry designer.

Susan Jacques
GradingJan 14, 2025
GIA CEO, President Susan Jacques to Retire at the End of 2025

The grading lab said the search for her successor is underway.

Jewelry designer and National Jeweler guest columnist Jules Kim
ColumnistsJan 14, 2025
Jules Kim: Building Bridges Between Creators and Industry

In this special op-ed, designer Jules Kim calls on big brands to collaborate with independent creators instead of copying their designs.

Henry A. Hänni
GradingJan 14, 2025
Former SSEF Director Henry A. Hänni Dies

A pioneering figure in gemology, he is remembered for his spirit of generosity, curiosity, and joy.

Woman wearing rings on both hands
FinancialsJan 14, 2025
Signet Jewelers Lowers Q4 Guidance After Holiday Sales Fall Short

The peak selling days leading up to Christmas did not meet the jewelry retailer’s expectations.

Edouard Schneider
MajorsJan 14, 2025
Edouard Schneider Joins Messika as Chief Brand Officer

Schneider brings over 20 years of luxury and fashion industry experience to his role as a key member of the brand’s global leadership team.

Gemfields emeralds
SourcingJan 13, 2025
Zambia Reinstates 15% Export Duty on Precious Gemstones, Shocking Gemfields

Gemfields said the Zambian government revoked the 2019 suspension of the tax with no warning.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy