Independents

There Is a Story Behind Every Store Closing

IndependentsFeb 26, 2019

There Is a Story Behind Every Store Closing

In his latest Squirrel Spotting column, Peter Smith chats with Kevin and Kathi Main about why they closed their California jewelry store.

20190226_Kevin_Main_store.jpg
Owners Kevin and Kathi Main closed Kevin Main Jewelry Design & Studio in San Luis Obispo, California in late December. “It was time,” Kevin Main told National Jeweler columnist Peter Smith.

In his book “Thrive: Finding Happiness the Blue Zones Way,” Dan Buettner wrote: “With more citizen participation, the town’s focus shifted away from optimizing the business environment to maximizing quality of life.

“As a result, San Luis Obispo gained a more aesthetically pleasing downtown, with less traffic, less pollution, more gathering places, projected green spaces, a farmers’ market, thriving arts, and an environment where it is harder to do things that are bad for you (smoke, eat fast food) and easier to do things that are good for you (walk, eat vegetables, recreate in nature, bike). The result is arguably the healthiest and happiest city in America.”

Buettner also could have added that San Luis Obispo, California is where one can find one of the coolest jewelry stores in the country, Kevin Main Jewelry Design & Studio. At least you could have, until they closed their doors for the final time on Dec. 27.

Like many of the 10,000 or so jewelry stores that we have lost in the last decade or so, Kevin and Kathi Main have their own unique story.

In the many years that I have known them, they have vacillated between a desire to grow their business and thoughts of wanting to be free of the shackles of not so much owning a jewelry store, but of being owned by the jewelry store, with all of the attendant demands and stresses that come with that responsibility.

What separates Kevin Main Jewelry Design & Studio from many of the other stores that have closed in recent years is their business was profitable. In fact, one might reasonably argue that they really seemed to have figured out many of the challenges that confound other retail stores and created an impressive model.

Their beautiful store features exposed brick, original hardwood floors and tastefully appointed case-lines that are much more a reflection of what retail can be at its best than what it was in 1998, when the store relocated to San Luis Obispo from Morro Bay.

I recently spoke to Kevin and Kathi about their decision to close the business. Here’s what they had to say.

Was there a specific moment when you decided that was it?

Kathi Main: It was probably a culmination of things in 2017. My mom passed, which had put some restrictions on our movement. We also moved closer to the store

and loved being able to walk to work and spend more time with our friends. Then an employee quit, and it served as a reminder that we just weren’t going to be able to do the things we wanted to do if we were always tethered to the store. I’ve been working for 50 years and I just want to go and play while I can.

Kevin Main: I want to go ride my bike. It was time.

Were there any other options besides closing the business?

Kevin: We definitely would have preferred to have someone take over and carry it on. It just didn’t work out. (As of this writing, Kevin and Kathi are still hoping to have another jewelry retailer take over the space.)

Did you have any second thoughts?

Kevin: I probably had more second thoughts than Kathi. In America, when you ask somebody who they are, they tell you what they do. I’ll have to work through that, but I’ll find a way to stay involved at some level.

What will you miss most about running the store?

Kevin: The personal relationships with multiple generations of customers.

Kathi: Our friendships with employees and giving back to our community. We’ll still be involved, but it’s not the same as when you own a business in the town.

What will you miss least about running the store?

Kathi: Employee hassles. San Luis is a well-off community and it’s expensive to live here. It makes for a vibrant customer base, but finding employees was always a challenge.

Kevin: Neither one of us was a very good manager.

What was the biggest takeaway from the closeout process?

Kevin: Brands outperform generics. Hearts On Fire, Marco Bicego and Forevermark did really well, but it was much harder to move the non-branded goods. Good luck if you are looking to close out with junk.


Kevin and Kathi Main, pictured here, both told National Jeweler columnist Peter Smith that they are looking forward to having more free time to pursue hobbies, like biking and painting, in their retirement.


If you were starting your store today, what would you do differently?


Kevin: We would have had an exit strategy right away … even if it was 20 years in the future. It would have made our later years so much more enjoyable if we had known what the plan was.

What are you most excited about now?

Kathi: Freedom to plan my day. Learning to cook again. Taking up painting. Pursuing interests that have been on the back burner for 20 years.

Describe the moment when you closed the doors for the last time.

Kevin: It felt really good. I was turning the page of that chapter and moving on to the next stage of my life. I did everything I needed to do.

Kathi shared with me some notes and messages they received from customers and vendors as word got out that they were closing.

The Mains were surprised when they realized many people in the community, and in the industry, thought they were closing due to challenging finances or failing health. It took a while to let people know they were going out on their own terms, at their own time.

One of the many notes they received came from a woman who had thanked Kevin for making a beautiful bracelet for her now-deceased husband. She wrote that he had worn the bracelet for years as a symbol of his sobriety and his battles. Now that he had passed, his widow was wearing the bracelet and, she wrote, she plans to hand it down to her children.

Another note came from a 10-year-old boy whom Kevin had befriended. The boy had learning disabilities and could never stay focused on anything until his dad introduced him to Kevin and Kevin introduced the young boy to rocks.

He wrote: “Thank you for inspiring me to become a gemologist like you. If it weren’t for you, I wouldn’t have done all this rock stuff … I probably would be playing video games. With the bunch of rocks I now own, I am going to start a business, like you.”

The young boy could not have found a better mentor and inspiration than Kevin Main. Our industry was all the richer for having had he and Kathi amongst our numbers for more than four decades.

Here’s hoping they enjoy their well-earned retirement.

Peter Smith is president of Memoire and author of two books, “Hiring Squirrels: 12 Essential Interview Questions to Uncover Great Retail Sales Talent,” and “Sell Something: Principles and Perspectives for Engaged Retail Salespeople.” Both books are available in print or Kindle at Amazon.com. Connect with Smith on LinkedIn or at dublinsmith@yahoo.com.
Peter Smithis an industry consultant, speaker, and sales trainer, and author of 3 books on sales. Reach him at TheRetailSmiths@gmail.com.

The Latest

Robinson Pelham Fruits of Love Pear Earrings
CollectionsJun 13, 2025
Piece of the Week: Robinson Pelham’s Pear Earrings

Take a bite out of the 14-karat yellow gold “Fruits of Love Pear” earrings featuring peridots, diamond stems, and tsavorite leaves.

Three diamonds with diagrams
Events & AwardsJun 13, 2025
AGA to Host ‘Diamonds From Mine to Market’ Education Conference

The one-day virtual event will feature speakers from De Beers, GIA, and Gemworld International.

Ella Sophie
EditorsJun 12, 2025
15 Questions With Jewelry Photographer Ella Sophie

The California-based creative talks jewelry photography in the modern era and tackles FAQs about working with a pro for the first time.

Jewelers of America logo with meetup, State of the Majors, giveaway and massages
Brought to you by
Jewelers of America is Headed to Las Vegas for JCK 2025

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

A pink gold Patek Philippe perpetual calendar chronograph Ref. 2499
AuctionsJun 12, 2025
Vintage Patek Philippe From the ‘50s Sells for $4M at Sotheby’s

Al Capone’s pocket watch also found a buyer, though it went for less than half of what it did at auction four years ago.

Weekly QuizJun 12, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Gabriel Love Foundation Logo
Events & AwardsJun 12, 2025
Gabriel Love Foundation Introduces Scholarship Honoring Elias Gabriel

The foundation has also expanded its “Stronger Together” initiative with Jewelers for Children.

Celine Assimon
AuctionsJun 12, 2025
Former De Beers Exec Celine Assimon Joins Bonhams

Assimon is the auction house’s new chief commercial officer.

DCA-student-cert-NJ1872x1052-2.png
Brought to you by
The True Power Behind the Counter: Why Sales Associates Are the Heart of the Jewelry Business

When investing in your jewelry business, it's important not to overlook the most crucial element of success: the sales associates.

De Beers CEO Al Cook speaking at JCK Las Vegas 2025
EditorsJun 11, 2025
Q&A: Al Cook on Differentiating Natural Diamonds, Traceability, and Tariffs

The De Beers Group CEO discusses the company’s new “beacon” program, the likelihood diamonds will be exempt from tariffs, and “Origin.”

Pandora Las Vegas ribbon cutting ceremony
MajorsJun 11, 2025
Pandora Bets on Las Vegas for First North American Flagship

The Danish jewelry giant hosted its grand opening last weekend, complete with a Pandora pink roulette wheel.

Tiffany Stevens
GradingJun 11, 2025
Tiffany Stevens Exits IGI, Lab Appoints New Board Leader

Industry veteran Anoop Mehta is the new chairman and independent director of the IGI board.

Lee Min Seo and Ianyan Jewelry
Events & AwardsJun 11, 2025
Kering Announces Winners of Sustainability-Focused Award

The winners of the inaugural “Kering Generation Award x Jewelry” are student Lee Min Seo and China-based startup Ianyan.

De Beers desert diamonds
SourcingJun 10, 2025
De Beers Turns to Brown, Yellow Diamonds for New ‘Beacon’

“Ombré Desert Diamonds” will emphasize cream-, champagne-, and brown-colored diamonds, shades that set natural stones apart from lab grown.

Gresham grasshopper ring
AuctionsJun 10, 2025
Noonans to Auction 16th-Century Signet Ring

It's one of the “Gresham grasshopper” rings English financier Sir Thomas Gresham was known to gift to acquaintances or business associates.

Mary Chiam
CollectionsJun 10, 2025
Tabayer Names Mary Chiam as CEO

The brand also debuted its new “Zorae” collection featuring a talisman of protection and harmony inspired by a sheaf of wheat.

Lauren Johansen
MajorsJun 10, 2025
Lauren Johansen Joins Loudr

As Loudr’s new account manager, Johansen will partner with clients to craft and execute marketing strategies.

Lunar Rain cat locket
Events & AwardsJun 09, 2025
And the Winners of the 2025 Couture Design Awards Are …

Designers were recognized in 12 categories, from platinum to pearls, before the evening ended with a new, retail-focused award.

Nancy Astor tiara
AuctionsJun 09, 2025
Nancy Astor’s Cartier Tiara Sells for $1.2M

The rare turquoise and diamond jewel was the top lot at Bonhams’ June jewelry sale.

2025 CASE Award Submission Graphic
Events & AwardsJun 09, 2025
CASE Awards Now Accepting Entries For 2025

The deadline to submit is June 16.

RDI Diamonds and Lavalier Personal Jewelry Insurance Logos
MajorsJun 09, 2025
RDI Diamonds Partners With Lavalier

The diamond wholesaler is working with the insurance provider to seamlessly offer personal jewelry insurance to RDI retailers’ clients.

Harwell Godfrey Granny Square Eleanor Necklace
CollectionsJun 06, 2025
Piece of the Week: Harwell Godfrey’s ‘Granny Squares Eleanor’ Necklace

As an homage to iconic crochet blankets, the necklace features the nostalgic motif through a kaleidoscope of cabochon-cut stones.

 Laura Gallon Joaillerie “Dynasty” ring, Bijules “Compass” bolo tie, Löf “The Orbitalis” ring
Events & AwardsJun 05, 2025
The 12 Fresh Faces in Couture’s Design Atelier

Discover the dozen up-and-coming brands exhibiting in the Design Atelier for the first time.

Jack Abraham The Royal Ruby Collection
SourcingJun 05, 2025
A Rare Suite of Rubies Has Arrived in Las Vegas

The “Royal Ruby” Collection is a quintet of untreated rubies curated by collector Jack Abraham.

Daymond John
Events & AwardsJun 05, 2025
Daymond John to Give Keynote at JCK Las Vegas

The entrepreneur and “Shark Tank” star will share his top tips for success.

Vaishali Banerjee and Pallavi Sharma
MajorsJun 05, 2025
Platinum Guild International Updates Leadership Team

Two existing executives have been given new roles.

Meredith Tiderington
Events & AwardsJun 05, 2025
Zillion Announces 'Women in STEM' Scholarship Recipient

Meredith Tiderington, an electrical engineering student, was selected for the award.

The Gemological Institute of America’s logo
Lab-GrownJun 04, 2025
GIA Reverting to More General Terminology for Lab-Grown Diamonds

It will quit assigning the stones specific color and clarity grades in favor of applying “new descriptive terminology.”

×

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