PORTLAND, Ore., Nov. 14, 2016 /PRNewswire/ -- Shreve & Co., the 164-year-old California jeweler that expanded its premier luxury jewelry portfolio into downtown Portland five years ago, has announced that it will close its Pioneer Square location at 640 SW Broadway and leave the Portland market after a brief, total jewelry and watch liquidation sale beginning on Thursday, November 17.
"We have had a great experience here," said Lane Schiffman, co-owner of Shreve & Co., "making the decision to close a difficult one, but practical as our sales have not grown to our expectations. By closing the Portland store, we'll gain more flexibility to focus our resources in our home market." The employees at the Shreve & Co. Portland location have been offered jobs in California.
Millions of dollars of exquisite diamonds, couture designer jewelry and fine Swiss timepieces will be offered in the sale. Everything must be sold, and all sales are final.
"We've decided to make our last holiday season in Portland a memorable one," continued Schiffman," and have planned an absolutely spectacular sales event as our farewell. The sale provides the unique opportunity to purchase gifts of the very finest jewelry, diamonds and watches at Shreve at unheard of low prices."
For more information about the Shreve & Co. Portland Store Closing Sale please call 971.295.5555.
About Shreve & Co.
The discovery of gold in the California hills brought George Coates Shreve and Samuel S. Shreve to San Francisco where they established Shreve Jewelers in 1852. The firm's prominence as San Francisco's finest jeweler quickly earned it a national reputation as one of the premier luxury jewelers in the United States, which it maintains today. In addition to its flagship store at 150 Post Street in San Francisco, the firm has stores at the Stanford Shopping Center in Palo Alto, California, and at 640 SW Broadway in Portland, Oregon. Since 1992, Shreve & Co. has been part of Schiffman's, a fourth-generation, family-owned and operated independent luxury jeweler based in Greensboro, North Carolina.
Susan W. Morgan at 804.405.5685
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SOURCE Shreve & Co.