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
Untitleddesign12 11724100328

The Endowment’s Rainbow of Possibilities

Daniel B Winslow - New Hanover Community Endowment
Untitleddesign12 101424112736

So You’re Feeling Like a Fraud... Let’s Talk

McAuley Hollis - APPROVE
Jessiepowellheadshot webversion

5 Reasons to Build Custom Franchise Software

Jessie Powell - Wide Open Tech

Trending News

Tech Wilmington: Upcoming Events Calendar

Staff Reports - Feb 5, 2025

Vantaca Hires Four Executives With Decades Of Scale-up Experience

Staff Reports - Feb 4, 2025

NCino Appoints New CEO

Staff Reports - Feb 3, 2025

City Leaders Approve Special Use Permit For Midtown Pickleball Facility

Emma Dill - Feb 5, 2025

Workforce Housing Panel: Some Steps Taken, But Problem Getting Worse

Emma Dill - Feb 4, 2025

In The Current Issue

Tourism Chief Notes Ongoing Trends

While air travel expansions flourished, some industry indicators began to lag in 2024, and tourism officials expect a "leveling off" trend t...


Small Business Spotlight: Business Owner Goes Out On A Limb

This month's Small Business Spotlight focuses on Tree Nerds, a tree service that opened last year....


Manufacturer Eyes Costs, Growth

Brian Vrablic, president of Rulmeca, said he and other company officials are starting 2025 looking at near- and long-term factors that will...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season