The economy continues to take its toll on the local marketplace, and the latest example is in the jewelry business. Click here to read my story today about Glassner Jewelers' plans to close its stores, which include one in Roanoke County, one in Staunton and one in Charlottesville.
The poor spending climate is particularly difficult for jewelry retailers, because they sell higher-priced merchandise that’s considered discretionary, said Sheri Beveridge, an owner of Glassner. Jewelry isn’t necessarily a practical gift.
While at Glassner yesterday, I spoke with Rachel Schwiebert of Roanoke County. Aside from talking about what kind of jewelry she bought at the store’s going-out-of business sale, she also lamented about the closing of B.Moss, a women’s apparel chain that has locations at Roanoke’s Valley View Mall and at the New River Valley Mall in Christiansburg.
Schwiebert said she buys most of her pants at B.Moss, because they fit her right and are perfect for both dressy and casual occasions.
B.Moss' closing “is killing me,” she said.
There has been quite a bit of news in the past few months about retail closings nationally. The most notable so far in this region include the closing of Ashley Furniture HomeStore and the upcoming closures of Steve & Barry’s, B.Moss and Glassner Jewelers stores. There are fears that more retailers will shut their doors next year.
Which stores, locally or nationally, that plan to close will you miss the most? And which retailers are you cheering on as the impact from the troubling economy unfolds?