The Great Jewelry Heist: Employees Take Over Upscale Store Chain
Well, well, well. It seems like the plot of a heist movie is unfolding right before our very eyes. The owners of an upscale jewelry store chain are handing ownership over to their employees. Yes, you read that right. Harvey and Maddy Rovinsky have decided to pass the torch after 57 years at the helm of Bernie Robbins Jewelers.
A Family Affair… or Not?
Courtesy of Bernie Robbins Jewelers | Owners Harvey and Maddy Rovinsky.
This isn’t your typical family business succession story where the eldest son or daughter takes over from dear old mom and pop. No, no! The Rovinskys don’t have any family involved in the business, so they had to come up with a “path for succession.” And what better path than handing it over to the people who’ve been working tirelessly behind those glass display cases for decades?
“We said, ‘You know, this has been right in front of our faces all this time,” exclaimed Rovinsky as if struck by divine inspiration while polishing yet another diamond ring. “Instead of trying to find a qualified buyer, why not give it to people that are successfully running it now?” Brilliant idea!
So instead of scouring LinkedIn for potential buyers or attending awkward networking events hoping to stumble upon someone interested in buying a jewelry store (because let’s face it—those events are always awkward), they’re just going to hand it off to their loyal staff members who understand their culture and vision.
No need for golden parachutes here! These employees aren’t motivated by money but rather by their love for sparkly things—and maybe some employee discounts too.
New Sheriff in Town
In early 2024, there will be a changing of the guard as these dedicated employees take on new roles as leaders within the company. And guess who’s going along for the ride? None other than Harvey himself! That’s right folks—the man himself has been asked by his soon-to-be former underlings (now overlords) to stay on as CEO during this transition period.
“I’m flattered and honored that they’ve asked me (cue humble chuckle)to stay on,” quipped Rovinsky with a twinkle in his eye.
“Which I will be happy (wink wink)to do until I annoy them enough and they fire me.”