Stewart Jewelry, a College Park landmark, is closing as the owner retires

Stewart Jewelry, a landmark business in the College Park business district, is closing, but it’s not because of the economic havoc caused by the coronavirus pandemic.

Instead, its second-generation owner, Phyllis Stewart-Tuell, is retiring after accepting an offer for the building.

“The party had to end sometime,’’ said Stewart-Tuell, who will turn 70 in April. “My mother always told me, ‘Do what you can when you can.’’’

She said she couldn’t disclose the price for the property because the deal had yet to close, but that the new owner would honor the leases of the surrounding businesses.

Stewart Jewelry, at 2212 Edgewater Drive in the Orlando neighborhood, debuted in 1946 with Stewart-Tuell’s parents, Burnett and Edith Stewart, at the helm. Stewart-Tuell started working at the small shop in 1977.

The store features a signature neon sign that Stewart-Tuell said she hoped could be preserved by the Orange County History Museum or some other organization.

Having a business in the same place for 74 years has meant serving older residents, their children, and, of late, their grandchildren, she said.

“Everyone is asking, ‘why are you leaving?’’’ she said. “It’s just bittersweet.”

On the store’s Facebook page, one longtime customer wrote, “Almost every piece of jewelry on my body and in my jewelry box are from your store. I have always been confident that it would be everlasting and it has been, and I will hand the jewelry down to my grandchildren.”

The pandemic initially did hurt the store’s sales, she said, but after cutting back on hours, receipts essentially returned to normal.

The store has started an “everything must go” sale with 30%-60% off its entire inventory.

Stewart-Tuell said she expected Stewart Jewelry to be open until at least the end of the year but perhaps into spring.

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©2020 The Orlando Sentinel (Orlando, Fla.)

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This Popular Clothing Brand Is Closing 100 Stores

Between sudden growth spurts and tantrums over trying on outfits, buying clothes for kids isn’t always easy—and it’s about to get a whole lot harder, now that a beloved children’s clothing brand may be closing a store near you. On Nov. 19, The Children’s Place announced in a statement that it would be closing 100 stores in 2021. Read on to learn about the fate of this beloved store, and for more bad retails news to be aware of, check out This Legendary Store Just Announced It’s Filing for Bankruptcy.

The announcement follows The Children’s Place’s decision to shutter 118 stores between Jan. and Sept. 2020, with a plan to close a total of 200 stores by the end of the year. Representatives for The Children’s Place admitted that the brick-and-mortar closures are a direct result of falling sales due to the pandemic. As of Oct. 31, 2020, the brand had seen its net sales shrink by 22.7 percent compared to the year prior “primarily as a result of a decrease in back-to-school sales due to schools adopting remote and hybrid learning models, along with the impact of permanent and temporary store closures.”

The Children’s Place is far from the only retailer to be hit hard by the pandemic, however. Read on to discover which other stores are closing up shop. And for more retail closure news, check out This Beloved Gym Chain Just Filed For Bankruptcy.

Read the original article on Best Life.

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