Print
Retail

In Military Cutoff Road Center, Spectrum Fine Jewelry Closes

By Cece Nunn, posted Nov 13, 2018
Spectrum Fine Jewelry at The Forum has closed, with a going-out-of-business sale open to the public starting at noon Thursday. (Photo courtesy of Spectrum Fine Jewelry)
After more than two decades, Star Sosa is getting out of the retail business.

The owner of Spectrum Fine Jewelry, Sosa has closed her store at The Forum on Military Cutoff Road and is preparing for a going-out-of-business sale that starts Thursday.

"For over 21 years, my team and I have had the privilege of being part of your many special celebrations -- birthdays, weddings, anniversaries and so much more," Sosa said in a Facebook post to customers this week. "But all good things come to an end, and so it is with some sadness that I  announce my decision to close Spectrum Fine Jewelry, effective immediately."

Sosa said the store was doing well, but she has family obligations she needs to attend to -- including taking care of her parents in California and a relative with young children who has moved in with her in the past six months.

"I'm parenting and taking care of parents at the same time," Sosa said. "It felt like the right time to be able to do it [close the business] on my terms."

As she prepares to sell her inventory, she said she's also in negotiations to sell the business with various interested parties, although others who might be potential buyers are welcome to contact the person helping her with the sale, Rita Wade of RW Consulting.

"It's an amazing deal for somebody because for 18 years in the shopping center, we've been bringing people to come here for fine service," Sosa said.

Sosa started her business in Chandler's Wharf in downtown Wilmington before moving it to The Forum three years later. She closed the art gallery portion of the business in 2016 after being spread too thin when she separated the fine jewelry and fine art departments into two separate storefronts at The Forum in 2014. 

The store's doors reopen at noon Thursday, with deals on all of the jewelry, Sosa said.

"We will be selling everything in the store to the bare walls," Sosa said in her video. "It’s been a wonderful ride, and I have appreciated the opportunity to be part of this creative community."
Ico insights

INSIGHTS

SPONSORS' CONTENT
Dallas headshot 300x300

Why You'll Need an Advisor Team

Dallas Romanowski - Cornerstone Business Advisors
Webilm julieformal kellystarbuckcom mg 5471

The Benefits of Enrolling in the TSA Precheck Program

Julie Wilsey - Wilmington International Airport
Corey61

The Toughest Job There Is

Corey Lewis - Cape Fear Jobs

Trending News

Top Stories No. 7: Vertex Railcar Reaches End Of The Line

Cece Nunn - Dec 14, 2018

Info Junkie: Chandler Hatch

Staff Reports - Dec 14, 2018

Top Stories No. 5: Industrial Companies Announce Investments

Christina Haley O'Neal - Dec 14, 2018

KWHCoin Taps Into Blockchain

Johanna Cano - Dec 14, 2018

Rulmeca Rolls Into New Space

Christina Haley O'Neal - Dec 14, 2018

In The Current Issue

Top Stories No. 3: Major Transportation Projects Get Underway

2018 Year in Review: The year saw significant investments in transportation projects around the area, including at the port, airport and maj...


Cape Fear Museum Gets Smithsonian Affiliation

Cape Fear Museum of History and Science has received a coveted designation. The museum is now one of only seven organizations in the state t...


Top Stories Of 2018

2018 sailed smoothly for much of the Wilmington economy for a while, with home sales rising and the addition of infrastructure at the port a...

Book On Business

The 2018 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2018 Power Breakfast - Dishing on the Restaurant Biz
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties
2017 Health Care Heroes