As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
Richard Hayes Takes Over at Wilkerson
The founder of the liquidation company, Bobby Wilkerson, is stepping down as president but remains chairman of the board.

Stuttgart, Arkansas—Bobby Wilkerson is stepping down as president of the company he founded and will be replaced by a man whom he hired 32 years ago.
Stuttgart-based liquidation company Wilkerson officially announced Tuesday that Richard Hayes is its new president.
A native of Stuttgart, Hayes grew up working in his family’s restaurants and other retail businesses. Seeing his success in retail, Bobby Wilkerson recruited him to work for his jewelry liquidation company in 1986.
He has worked in all facets of the business, including management, marketing, promotions, trade shows and financials.
Wilkerson will remain chairman of the board for the company he started in 1970.
In a press release announcing his appointment, Hayes attributed to his success to growing up in a family business, where he developed a strong work ethic and the ability to work as part of a team.
“That’s how I lead—as a team member. I believe all employees have a place on the team, and their contribution is important. That’s what makes the company so successful.”
Wilkerson has more than 40 in-house employees, 65 consultants nationwide and has overseen more than 6,000 jewelry store sales in the last 48 years. It said it is the largest independent national jewelry liquidator by volume.
The company named Hayes president at its conference in Stuttgart in September, an annual event that brings together its sales consultants from all over the country for seminars on topics including digital marketing, social media, sales performance and industry updates.
The Latest

The trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.

January’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

The annual report highlights how it supported communities in areas where natural diamonds are mined, crafted, and sold.


Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.

Linda Coutu is rejoining the precious metals provider as its director of sales.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The governing board welcomed two new members, Claire Scragg and Susan Eisen.

Sparkle with festive diamond jewelry as we celebrate the beginning of 2026.

The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

Shekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.





















