Friday, October 16, 2009

N.C.-originated Carlyle to close

The signs are up at Carlyle & Co., the jewelry store chain that started in Greensboro in the 1920s: its days are numbered.

The restructuring firm that owns Carlyle & Co. Jewelers will close all 34 of the high-end stores in 10 states, including three in the Triad [says the News & Record].

The move will end an enterprise that had its beginning with a single store in Greensboro in 1922 .

Employees of what was once a family-operated chain with more than $100 million in annual sales said they had seen the end coming after the onset of the recession.

This is a sad thing to see. My sister once worked at a Carlyle in Greenville and still has fond memories of it. I bought my wife's engagement ring there; we'll have to find somewhere else to get it cleaned from now on, I reckon. We've even become friends with folks who work there.

And while I always hated the fact that this company sponsored an all-sports trophy between UNC and Duke (choosing to leave out N.C. State, Wake Forest and other N.C. schools and/or believing that people actually care about such a thing), I am still sad to see this most North Carolina of companies close.

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