The entrepreneur and “Shark Tank” star will share his top tips for success.
After 166 Years, One of America’s Oldest Jewelers Is Closing
Randolph Jewelers in Placerville, California is closing its doors as owner Charles Stephens retires.
Placerville, Calif.—One of America’s oldest jewelry stores is closing.
Randolph Jewelers in Placerville, California will shut its doors for the final time at the conclusion of its going-out-of-business sale, happening now.
“I’ve been here for 38 years and I’m afraid that if I don’t go soon they’ll be taking me out of here on a gurney,” owner Charles Stephens, who acquired the business in 1981, joked to National Jeweler.
According to local news source Mountain Democrat, Randolph Jewelers opened in 1852 when F. F. Barss settled in Placerville during the Gold Rush.
Barss and his son ran the store until 1922 when a man named N. H. Burger purchased it.
Burger and his son subsequently sold it to William Randolph in 1946, and it became Randolph Jewelers.
Now Stephens is retiring and, without a successor, so is the store.
“The difficulty of finding a successor is selling a store with inventory,” Stephens explained. “I think you can still run a successful jewelry business (today) but my time of innovating is over with and I’m ready to retire and not worry about these things anymore.”
In 2015, JCK included the 166-year-old retailer on its list of the 10 oldest jewelry stores in America.
For more information on Randolph Jewelers, visit its website.
The Latest

The Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.

The “Strong Like Mom” campaign features moms who work at Tiffany & Co. and their children.

Interior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.


During a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.

The free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

The feedback will be used to prepare other jewelers for the challenges ahead, the organization said.

The online sessions are designed to teach jewelers to use AI tools like ChatGPT and Claude to grow their business.

The “United in Love” collection offers tangible mementos of hearts entwined with traditional and non-traditional commitment heirlooms.

Robert Goodman Jewelers will hold a “Black Jewelry Designers and Makers” event on April 27.

The announcements follow a tumultuous start to 2025 for WJA, which saw a wave of resignations following controversial statements about DEI.

Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.

Kenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.

The historic fancy vivid blue diamond set to headline Christie’s Geneva sale next month could sell for up to $50 million.

LVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.

The “Mad Men” and “The Morning Show” star steals jewelry, art, and handbags from his wealthy neighbors in “Your Friends & Neighbors.”

The organization has reelected Kalpesh Jhaveri as president.

An investigation found that the former managing director of Movado’s Dubai branch overstated and prematurely recorded sales.

The collection pays tribute to the Japanese philosophy of Ma, studying balance, stillness, and the interplay between presence and absence.

Mari Lou’s Fine Jewelry in Orland Park, a suburb of Chicago, is closing its doors.

GIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.

These earrings by Van Cleef & Arpels, featuring the same design as a pair worn by Princess Grace, are up for auction at Woolley & Wallis.

Two experts share how artificial intelligence tools can help retailers run a more efficient business.

Kentaro Nishimura, who has been with the pearl company since 1997, has been promoted to president and CEO of Mikimoto America.

“America Telling Time: 150 Years of Bulova” explores the storied history of the American watchmaker.