Disappearing jewelry stores in Hoboken
Cracks showing? Jewelry stores in Hoboken dropping like flies!
While high-end real estate and luxury cars seem to have enough “rich” customers to stay afloat – “local” jewelry stores in Hoboken don’t have the same luck as of late. Is that a sign that the (real) economy is truly taking a beating?
They say that amongst the “regular” middle class people, that luxury purchases like jewelry are one of the first things taken off the list of discretionary spending when times are tough.
On the other hand – places like W. Kodak Jewelers are doing just great – and are even expanding! We think that’s because they sell functional and elegant long-lasting time pieces (“watches” for the layman), as well as classy diamond engagement and wedding rings. I suppose “trinket” type bling isn’t even in the same league anymore.
What will fill the void left by all these tchotchke shops?