Previous News:
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
May 2016
April 2016
December 2015
March 2015
January 2015
September 2014
August 2014
July 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
January 2013
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011

SUCCESSION/TRANSITION A HOT TOPIC FOR IJO MEMBERS

The Independent Jewelers Organization (IJO) holds two conferences annually for buying, education and networking. One topic that seems to have moved to the forefront is the succession or transition of a retail jewelry store. According to Jeff Roberts, President and CEO of IJO, one should not proceed into the closing or changing of hands of a store blindly. “There’s help out there to make these important changes painless and profitable,” Roberts says.

IJO will be offering a Panel Discussion on Succession/Transition at their next conference March 10-13 at the Marriott Marquis in Houston. Roberts continues, “The Panel that we will be offering in Houston will consist of four actual examples, with both the buyers & sellers present, who will discuss how they transitioned (sold) their stores, what they did to make it happen, how they structured their deals as well as all of the other details of their transitions. This double session will also include adequate time for questions of which I am sure there will be plenty.”

Panelists will include two stores who sold to a family member, one who sold to an employee and one who sold to an outside buyer. The stores represented include Chuck and Charles Smith (son/father), Morrison Smith Jewelers, Charlotte, NC, Troy Gibson (buyer) and Dan Ingrum (seller), Danz Jewelers, Lodi, CA, Stephen (buyer) and Doyce Barnes (seller), Barnes Jewelers, Goldsboro, NC, and Kelly and Doug Glennon (buyers) and Linda Hagan (seller), Jewelry Creations, Dover, NH.

IJO is also excited to announce that distinguished graduate of the U.S. Air Force Fighter Weapons (Top Gun) School Astronaut and author Rick Searfoss will be the featured keynote speaker in General Session. With his exciting and unique stories, this Space Shuttle Commander’s mission is to share the leadership, execution excellence,teamwork and innovation lessons of human space flight to empower organizations to achieve the highest level of performance, producing out-of-this-world results. Rick is certain to inspire all attendees.

IJO stresses the importance of education and the rest of the business program is shaping up to be one of the best and will open for registration shortly. For information on membership please call Penny Palmer at 800-624-9252.
AT: 10/25/2017 10:50:53 AM   LINK TO THIS NEWSLETTER
0 Comments:

Post a Comment
 
Comments are closed.
Copyright © 2009 - 2019 The Retail Jeweler.

Sitemap | Privacy Policy