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

The Retail Smiths founder and National Jeweler columnist Peter Smith
ColumnistsMay 12, 2026
It’s Official: We’re Getting ‘Brain Rot’ From Watching Short-Form Videos

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.

Jessica McCormack Medallion Capsule Collection Campaign
CollectionsMay 12, 2026
Jessica McCormack Debuts Antique Coin-Inspired Medallions for Summer

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

Tiffany & Co. x CFDA Jewelry Designer Award
Events & AwardsMay 12, 2026
The Tiffany & Co. x CFDA Jewelry Designer Award Is Back

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

1872x1052-NextGem-2026-National-Jeweler-Advertorial.jpg
Brought to you by
How Modern Training Is Becoming a Competitive Advantage for Jewelry Retailers

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Former Macy’s CEO Jeffrey Gennette
TrendsMay 11, 2026
Former Macy’s CEO Joins Signet Jewelers Board

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

Weekly QuizMay 07, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Buddha Mama gold earrings hexagon emerald
TrendsMay 11, 2026
Amanda’s Style File: Lucky May

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

Clientbook Logo
TechnologyMay 11, 2026
Clientbook’s New Tool Helps Jewelers Plan In-Store Events

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

Antique Jewelry & Watch Show
Brought to you by
Discover Timeless Treasures: A Showcase of Antique Jewelry & Timepieces in Las Vegas

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Pandora lab grown diamond necklace
Lab-GrownMay 08, 2026
NDC Publicly Criticizes Pandora Over ‘Misleading’ Natural Diamond Claims

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

Ronnie VanderLinden and Feriel Zerouki
SourcingMay 08, 2026
Ronnie VanderLinden Takes Over as WDC President

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

Glenn Spiro Old Moghul Golconda Earrings
TrendsMay 08, 2026
Rihanna Chooses ‘Desert Diamonds’ for 2026 Met Gala

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Kennedy’s Jewelers tourmaline necklace
Events & AwardsMay 08, 2026
JA Announces 2026 CASE Award Winners

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

Brilliant Earth Jane Goodall olive branch necklace and earrings
FinancialsMay 07, 2026
Brilliant Earth Appeals to Higher-Income Shoppers in Q1

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Kashmir sapphire ring
AuctionsMay 07, 2026
‘Spectacular’ Kashmir Sapphire Headlines Heritage Spring Jewelry Sale

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

Billy Welshoff
MajorsMay 07, 2026
Gannon & Scott Names New Regional Account Executive

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu
WatchesMay 07, 2026
Chrono24 Names New CEO

José Gaztelu has been promoted to the role, which has been vacant since last year.

Jewelers of America Logo
Events & AwardsMay 07, 2026
JA Accepting Applications for 2026 Scholarship Program

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

White and yellow rough diamonds from the Ekati Diamond Mine
SourcingMay 06, 2026
Canada’s Oldest Diamond Mine Faces Uncertain Future

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

Pandora lab grown diamond rings
FinancialsMay 06, 2026
Pandora to Add Carbon Footprint Info to Lab-Grown Diamonds

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

Saks Fifth Avenue door sign
MajorsMay 06, 2026
Saks Global Begins Layoffs, Reorganization Plans Closer to Approval

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Heuer Monaco Le Mans
AuctionsMay 06, 2026
Steve McQueen’s Heuer Monaco Watch Heads to Sotheby's

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.

Met Gala 2026 Beyonce, Lisa Manobal, Hailey Bieber
EditorsMay 05, 2026
This Ohio Designer’s Jewelry Made It to the Met Gala

Megan Piccione dressed Lauren Wasser in layers of diamond jewelry, making her stand out in a crowd that included celebrities like Beyoncé.

Doug Hucker
SourcingMay 05, 2026
Doug Hucker Returns to His Roots

Following decades of association leadership, the “semi-retired” colored gemstone expert is turning his focus to gemstone education.

New York City FC winning the Philip F. Anschutz MLS Cup Trophy in 2021
Events & AwardsMay 05, 2026
AMNH to Showcase Famous Jewelry, Trophies in Sports History

The museum’s new exhibition will feature one of Jesse Owen’s Olympic medals, Yogi Berra’s crown, Super Bowl rings, and more.

Exhibitor at JIS
Events & AwardsMay 05, 2026
JIS Launches Brand Exposure Program

The new program provides access to media exposure and editorial opportunities for exhibitors and retailers.

Melanie Georgacopoulos Eclipse Collection Campaign Imagery
CollectionsMay 04, 2026
Melanie Georgacopoulos Turns Pearls Into Light for ‘Eclipse’ Collection

The “Eclipse” jewelry collection captures the fleeting moment where light and shadow align though onyx, diamonds, and freshwater pearls.

National Jeweler columnist Sherry Smith, partner at The Retail Smiths
ColumnistsMay 04, 2026
The Key Mindset for Better Trade Show Buying

Buying discipline at trade shows starts with clarity about your inventory levels, Smith writes.

×

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