Headlines

Retiring Owners of Bernie Robbins Jewelers Give Stores to Employees

‘Instead of trying to find a qualified buyer, why not give it to people that are successfully running it now?’

Published

6 months ago

November 29, 2023

VMSD Staff

The owners of Bernie Robbins Jewelers are retiring and handing over their stores to a group of employees.

Harvey and Madeleine Rovinsky have run the business, which has stores in Villanova and Newtown, PA, and Somers Point, NJ, for 57 years, The Press of Atlantic City reported. The business was by Madeleine Rovinsky’s father, Bernie Robbins, in 1962.

The exact ownership group remains to be determined, according to the newspaper.

Without a family succession plan, the couple considered selling the business. Eventually, “We said, ‘You know, this has been right in front of our faces all this time. Instead of trying to find a qualified buyer, why not give it to people that are successfully running it now?'” Harvey Rovinsky told Fox Business.

He plans to continue with the business as CEO, CBS News Philadelphia reported.

A retirement sale is underway. The transfer is set to take place next quarter.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design