Why is Robbins Diamonds closing?

Robbins Delaware Diamonds store plans to close after nearly a quarter-century. … Robbins focused its heavy broadcast advertising schedule on the store’s size and Delaware’s lack of a sales tax.

Is Robbins Diamonds really going out of business?

Robbins Delaware Diamonds, the last store of the five-store Philadelphia-based Robbins 8th and Walnut chain, is going out of business as its owners retire.

Who owns Robbins Diamonds?

Robbins Delaware Diamonds is the last store owned by the Robbins family of Philadelphia. Leo and Sylvia Robbins started the family business in the late 1940s, opening a store at 8th and Walnut on Jewelers’ Row.

What happened to Robbins 8th and Walnut?

During its history, it had seven different stores with the most famous at 8th and Walnut that closed a decade ago. Jerry passed away three years ago and now his sons decided it’s time to retire. As they leave with a going-out-of-business sale, they’re also taking a stroll down memory lane.

Who owns Robbins Brothers?

New York–California retailer Robbins Brothers confirmed last week that the company has been sold to private equity firm Comvest Investment Partners. The Azusa, Calif. -based retailer currently operates 14 stores throughout southern California, Texas and Washington state.

How long has Robbins Brothers been in business?

Founded in 1921, Robbins Brothers will celebrate its 100th birthday next year, though it has only been called Robbins Brothers since 1995. That year, Stephen and E.E. “Skip” Robbins, grandsons of company founder Ben Tipp, saw the need for a freestanding non-mall store that sold nothing but engagement rings.

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Does Robbins Brothers buy diamonds?

110% Diamond Trade-Up

As your marriage grows, Robbins Brothers will grow right alongside you. In fact, we’ll honor 110% of the purchase price of your engagement diamond for a trade-up should you want to honor an anniversary, celebrate a momentous occasion or maybe just because you deserve it.

How much should you spend on an engagement ring?

General Rule: You should spend at least 2 months salary on the engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring.

Who is the CEO of Robbins Brothers?

Robbins Brothers describes itself as “the engagement ring store.”

Robbins Brothers.

Type Private
Headquarters Azusa, California , USA
Key people Andy Heyneman(CEO) Skip Robbins Steve Robbins
Website www.robbinsbrothers.com