Calls reports that downtown Dallas store to stay open “false rumors”
Also: retailer’s Dallas and East Coast office hubs moving to single NY site
The company is beginning a restructuring plan
At the same time, the Jewelers’ Board of Trade reported that more new jewelry businesses opened
Inflation, reduced government benefits affecting customer base, according to CEO
The company has 50 employees in Rhode Island
379 jewelry retail businesses opened their doors
Apparel retailers are forecast to be most heavily affected
