STARTING JULY 31st
TAKE A SNEAK PEEK OF THE SALE
WWW.MEDLARSJEWELRY.COM/PREVIEW



A STATEMENT OF FACTS

Our sales are down … and down sharply. It’s no secret that retail stores are challenged. The closure of more than 2500 Alfred Angelo Bridal Stores is just the latest of massive store closures. Macy’s, Nordstrom and Target are some of the big names representing the closure of thousands of store fronts. Entire malls are going empty.

For retail in general, this isn’t the Great Recession, this is a depression.


And yet, there are retailers doing well. Amazon, Ali Baba, Ross Stores, TJ Max and Dollar General continue to grow. But what does that say? To me it says consumers are feeling pinched and looking for any way to save money.

So, what does this mean for Medlars? Our repair and custom businesses are doing well, BUT sales of jewelry in our showcases are down a staggering 40%. In addition, our precious metal sales are off 50%, and the business we are doing is made up primarily of people selling to us to raise money!

SO, WHAT AM I DOING TO FIX THE PROBLEM?

On Friday, August 4th we will begin a public emergency inventory reduction sale. Virtually every piece of fine jewelry* in our entire inventory will be offered at legitimate reductions up to 70%.  

However on Wednesday and Thursday, August 2nd and 3rd
you are invited to a private sale, before we open to the public. You will receive emails reminding you of this event.

I acquired this company in 1996, while it was in Chapter 11 Bankruptcy and turned it into a leading San Antonio Jeweler. We survived Y2K, Great Recession of 2008 and collapse of oil prices in 2014. I’m absolutely confident we will survive this too but survival means taking aggressive action. I invite you to take advantage of this opportunity.

*Only repairs, custom design, bullion and pre-owned Rolex are excluded. Our loose diamond inventory will be offered at 15% below Rappaport wholesale.