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.