THE VOTES ARE IN - Zachary`s Jewelers
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THE VOTES ARE IN - Zachary`s Jewelers
THE VOTES ARE IN FOR THE FIRST TIME EVER — TWO CATEGORIES BIG COOL AND SMALL COOL — AND TWO WINNERS 72 AUGUST 2008 AND THE WINNERS ARE ... LEE READ JB HUDSON THE COOLEST BIG STORE BIG COOL 4TH PLACE PAG E 74 PAG E 1 2 8 I. GORMAN SAMI FINE JEWELRY SMALL COOL 2ND PLACE PAG E 1 0 2 SMALL COOL 4TH PLACE PAG E 1 3 6 HAMILTON HILL SMALL COOL 3RD PLACE PAG E 1 2 0 SILVERSCAPE B.C. CLARK BIG COOL 5TH PLACE BIG COOL 2ND PLACE PAG E 1 4 4 PAG E 92 KERRY CATHERINE SMALL COOL 5TH PLACE PAG E 1 5 0 ZACHARY’S THE COOLEST SMALL STORE PAG E 8 4 TIVOL BIG COOL 3RD PLACE PAG E 1 1 2 N U M B E R O F E N T R I E S : 117 B I G C O O L : Stores with 11 or more full-time employees S M A L L C O O L : Stores with 10 or fewer full-time employees C R I T E R I A : Cool story, exterior, interior, marketing, individuality J U D G E S : Eight industry experts for each category COMPLETE DETAILS ON PAGE 158 AUGUST 2008 73 ››› QUICK FACTS ZACHARY’S JEWELERS Annapolis, MD URL: www.zacharysjewelers.com OWNER: Steve Samaras FOUNDED: 1992 OPENED FEATURED LOCATION: 2005 (2007 remodel) EMPLOYEES: 9 full-time, 2 part-time AREA: 4,000 square feet ARCHITECT/DESIGN FIRM: Aleksey and Karolina Belinskey with Formatum Inc. 84 AUGUST 2008 S M A L L S T O R E C A T E G O R Y ZACHARY’S THE COOLEST OF ’EM ALL BY JO S H W I M M E R Over the course of a decades-long journey, Steve Samaras of Zachary’s Jewelers met pain and disaster with friendship, skill and ingenuity that would do his Greek Downtown Annapolis, MD, is packed. On a sunny Sunday afternoon, families and couples bustle up and down the sidewalks, which are lined with boutique retailers — many local, a few chain stores — upscale souvenir shops, and an inordinate number of ice cream parlors. The crowd is a mix of older folks, whose T-shirts and shorts can’t conceal the signs of a comfortable income, and younger adults, whose quietly dignified carriage suggests an affiliation with the U.S. Naval Academy, which sits next to the shopping zone. In the middle of it all is Zachary’s Jewelry, right on the corner of Main Street, nearly impossible for anyone not to walk by. It wasn’t always this way, though, and it could have turned out very differently. Because while perseverance, brains and a love for his people, his work and his community have played a huge role in owner and president Steve Samaras’ success, he was also helped along by a bit of bad luck. Really bad luck. An Annapolis native, Samaras entered the jewelry industry in the late 1970s when he started working for his cousin, who set up an opera- tion to buy gold and silver for resale. It later expanded into a retail storefront in town. The businessmen had big dreams — they hoped to “establish a little bit of 47th Street” in Annapolis, Samaras says — but by the late ’80s, the venture was losing money. The Greek-American Samaras ran sales and purchasing for his cousin, and had gone to gemological school to better understand his product. The production manager was a man his age from Belize named Errol Daly. When it became clear they were going to be out of a job, Samaras approached his co-worker and friend. “This is the only thing we know,” he told Daly. “Let’s try and move on.” Small-business ownership wasn’t entirely new to Samaras — his parents had run a liquor store for years. He also had a set of close friends and mentors, including his attorney and an Israeli diamond dealer, to whom he turned routinely for advice. “My father had a saying, one of many: ‘Success has a million fathers, and failure is an orphan,’” he says. He sold his home, took $20,000 in equity and, P H OTO S : H E AT H E R C R O W D E R P H OTO G R A P H Y ancestors proud — and that have made him a local legend. m Despite setbacks, Steve and Challie Samaras never lost faith in the success of the store. AUGUST 2008 85 ZACHARY’S JEWELERS at almost 40 years old, moved in with his parents. Daly came to work for him, in the downtown building that had housed the old operation, and didn’t take a paycheck for two years. “We went through the first winter without heat,” Samaras says. He convinced about a quarter of his vendors from his cousin’s business to stick with him, and to give him what he needed for a solid inventory mostly on memo: “We were probably showing a quarter of a million dollars or more in product, and we owned $20,000.” And he and Daly worked around the clock. “There wasn’t an hour in the day that we wouldn’t open for someone,” he says. His sister, Evangeline Ross, now the store’s sales and marketing manager, adds that it wasn’t just about staying busy in the store. “Steve never refuses an invitation,” she says. “He’s like the mayor in this town. He’s too modest to say that, but I can toot his horn. I used to tease him about how he would always triple- or even quadruple-book himself. I’d say, ‘How can you enjoy yourself?’ But he does, and he makes everyone he touches feel like they are the most important person in the world.” And Zachary’s grew. The heat came on. Daly started drawing a paycheck. The store added new lines. Then disaster struck. THE SETBACKS In truth, it struck twice. In November 2005, Samaras, Ross and the rest of their extended family took a long weekend trip, a regular tradition. Near the end of the vacation, the men went off to play golf while the women headed to town to shop. Samaras and Ross’ father left with the women. But he “looked kind of dejected,” Ross says, and a few minutes and one cell-phone call later, the ladies returned and put him in a golf cart to spend the day with the guys. Their father had never learned to play — “I always wanted to teach him, but he’d say, ‘I’m not old enough to learn to play golf,’” Samaras says — but he smoked cigars, drank beer and kept score. That night, Samaras dropped his dad off at home. “He hugged me and said, ‘The one regret I have is that I never learned to play golf, because I could have spent more time with you.’” The next morning, Samaras got a call: His father had died. A week later, the family was back together again, having dinner at a restaurant after the memorial services. Samaras’ phone rang. His store was on fire. The building was destroyed, along with 30 to 40 percent of the inventory. It would have been 86 AUGUST 2008 5 ››› COOL THINGS THE LOCATION Foot traffic into the store tripled when Zachary’s moved from a building up the street, crammed between other shops, down to the corner of Main Street facing the harbor, says Evangeline Ross. The Maryland Chamber of Commerce ranked the corner among the top 10 in the state. THE FOOD Think your little coffee stand is pretty nifty, huh? Can your customers get an iced cappuccino? What about the proverbial free lunch? Zachary’s stocks a wide assortment of refreshments and lays out a healthy spread of sandwiches and more on Saturdays. THE PROMOTIONS Zachary’s offers while-you-wait repairs every Wednesday and Friday. They send movie tickets for a “date night” for clients’ first anniversaries, and partnered with a boutique in town to send gifts for new babies. At Christmas time, they put gifts under the store tree for customers’ children. “We get kids bringing their parents in — they know,” Steve Samaras says. THE TECH To promote a “Write the best love letter” Valentine’s Day contest, marketing whiz Keith Villones put a video of Samaras up on Youtube; it garnered more than 1,000 hits over the next week. To reach midshipmen at the U.S. Naval Academy next door with a class ring promotion, Villones scrapped the store’s costly directmail strategy and contacted them en masse through Facebook. Then they featured the young sailors’ photos and stories on a blog. THE SCHEDULE Customer contact is a huge part of the strategy at Zachary’s, but a while back, it became tough for employees to keep up with writing thank-yous and the like. Then one staffer suggested that everyone get an allotted time for those duties, instead of fitting them in around other work. “You can get a lot more done in one to three hours of uninterrupted time than if you’re trying to cover the floor, too,” Samaras says. ››› HEARSAY THINGS HEARD AROUND THE STORE “You know how there’s dead silence when someone asks a question no one wants to answer? That’s when I bring this out.” DOUG MIXER, showing off his toy cricket, which chirps like a real insect THE COOLEST SMALL STORE n The interior is meant to evoke the feeling of a classic yacht, with flowing lines and rich wood finishes. fair — reasonable, even — to expect Samaras to take some time off to decompress at that point. He shakes his head. “I cried every night when my father died — I was all cried out,” he says. Instead of going to ground, he called a meeting with his employees the next morning. First, he assured them that they were taken care of — insurance would cover their wages for the next year. Next, he explained that they could take that time to recoup and rebuild or, if they were up for it, get things up and running for the holiday season that was already upon them, including the client-appreciation party scheduled for six days later. The staff was unanimous: They wanted to be back in business within the week. They made a list of more than 200 action items and had all but a dozen addressed by day’s end. Samaras’ landlord offered to clear C O O L FA C T S ✪ Production manager Doug Mixer is also a Baptist minister. “It’s great,” he says. “I get to sell people a ring and then marry them, too.” ✪ Employee Keith Villones holds the world championship title in his weight class in Filipino stick fighting. Yes, he’s the best in the world. He’s defending his title this summer. ✪ Confusion often ensues when customers see buyer Hind Walker’s first name — it rhymes with “wind” (the noun, not the verb). out of his souvenir shop on the corner down the street so that Zachary’s could move into the 4,000-square-foot space. He, Ross, Daly and the other employees worked around the clock, with help from customers. (“My husband was going to shoot me, because I was pregnant,” Ross says.) By the middle of the next week, they had close to $5 million in inventory, thanks to help from their vendors. And the party was a smash hit, with some 400 guests in attendance. “It was really a community-spirited event. You literally could not walk in here,” Samaras says. The corner space was a winner, too — even after missing a week of business, Zachary’s holiday season was double its previous best, thanks to local goodwill and the new, far more visible location. “Someone at the party said to me, ‘You are the richest man I know.’ And I had to laugh, AUGUST 2008 87 ZACHARY’S JEWELERS because I had nothing,” Samaras says. “But he said, ‘You have more friends than anyone else I know.’ “I’ve said to people it’s nothing I would ever want to go through again, but I am so grateful for having gone through it once. It shows you so much. It’s like hearing your eulogy when you’re not dead.” A RESURRECTION The new space offered opportunity. Before Samaras’ landlord had used it to sell souvenirs, it had been a Banana Republic, so it already offered a warm, inviting-but-upscale ambience perfectly suited for Annapolis’ casually wealthy clientele. A $1 million renovation, paid for in cash and completed in November 2007 stepped things up a notch. “We wanted it to feel like Annapolis; we wanted it to look like it belongs here,” Samaras says. The obvious source of inspiration was the water a few hundred yards away, and the ships floating on it. At the advice of Harvey Rovinsky, owner of Bernie Robbins Fine Jewelers in Pennsylvania and New Jersey, he tapped designer Aleksey Belinskey, who’d done work for the high-end Borgata hotel in Atlantic City, to handle the new look. q Zachary’s staff stands before the maritime-inspired mosaic. 88 AUGUST 2008 T RY T H I S ✪ “Host of the Day.” If you were ever a waiter or bartender, as Samaras and Ross were, you’ll appreciate this one: Schedule a different member of your floor staff as the store’s official host every day. “You’re like the owner of the store that day,” says Zachary’s buyer Hind Walker. “People like that.” The host makes first contact with customers, offers refreshments and filters the clients to the appropriate person. More important, he or she comes up with a staff challenge for the day, like “Find out one quirky thing about every customer you talk to” or “See how many pieces you can get each client to try on.” Winners earn points, and points add up to earn prizes doled out by Ross, who says she comes up with some of the incentives but that she appreciates it when employees let her know what they want, too. THE COOLEST SMALL STORE General manager Errol Daly has charm TRUE TALE to spare, and he uses it. Once, another employee was trying to sell a woman a ring, but the woman’s friend — who was in a bad mood and seemed a little envious — was interfering with the sale. Daly swept in and separated the unhappy customer from her companion in such a way that she didn’t even realize it was happening. “It was just like a dance, the way he did it,” Evangeline Ross says. r The corner location has been ranked among the top 10 retail slots in Maryland. Belinskey brought the theme to life, in subtle fashion. Teak flooring and showcases, appointed with brass, evoke a classic Trumpy yacht — especially in the case of the shipshaped island of cases jutting out from just in front of Samaras’ office, the “helm.” Muted blue carpet underneath the cases stands in for the sea, while a spacious lounge area sits on a wide swath of sand-toned carpet. One wall sports a sailboat mosaic and the Zachary’s logo. (“Everyone walks in and comments on that,” Samaras says. “I didn’t know what to think of it at first, but I’m glad we did it.”) A less obvious choice was even bolder: The architect wanted to close off a second set of double doors, due to security concerns, but Samaras overruled him, leaving two entrances into the store along the route the bulk of shoppers travel. “That’s probably the best thing we did,” he says. “People will look in and pass by, but given the second opportunity, they’ll walk in that door.” And then, of course, most important of all are the people. “This is the most amazing team I’ve ever seen in the store,” Ross says. Daly, the general manager (and a family member, as far as Samaras is concerned), “is always happy,” she says. “Nothing is ever a problem.” His favorite part of the job is problem customers — seriously — because he loves turning them into happy customers. “There’s no magic, there’s no mystery to this thing,” he says, with a musical accent. ‘How can we make you happy?’ It’s as simple as that.” Ross “is the one who grew the company,” her brother says. Her partner in marketing is 24-year-old Keith Villones, a former advertising employee who’s behind Zachary’s latest successful ventures into reaching customers through online video site Youtube and social network Facebook. Graduate gemologist Robyn Singh does while-you-wait appraisals, something no other jeweler in the community offers. Moroccan-born Hind Walker met her husband in Annapolis and returned with him to the city after a stint in Manhattan as a buyer for Aaron Basha. Erica Christian “can tell you the name of everyone who walks in the door,” Ross says. And when he’s not taking charge of while-you-wait repairs on Wednesdays and Fridays, Doug Mixer leads a local congregation as a Baptist minister. T H E M E TA M O R P H O S I S Zachary’s has come a long way, and so has Steve Samaras. At one point while we’re talking, he mentions dealing with an irate customer and says something in passing about how “the old Steve” would have handled it. I ask what he means. “The metamorphosis began when I was sitting in the showroom in the old store, with no heat and very little jewelry,” he says. Living with his parents, and receiving their support and that of the girlfriend who would eventually marry him, he reassessed. And it’s made him all the more able to enjoy everything he has now. “You really appreciate what it is you’re doing, and what you’ve begun,” he says. “You think you’re on your way, and then all of a sudden it’s gone — and my dad wasn’t there to help me.” He pauses, shrugs, and smiles. “But there was never a shred of doubt that we would make it.” He gestures at the store around him. “I’ve got a lot of things to be thankful for, I’ll tell you that.” AUGUST 2008 89 ZACHARY’S JEWELERS WHAT THE JUDGES SAY BILL AND SHARON BLAIR ASSOCIATION AND JEWELRY SHOW HEADS ✪ Zachary’s was the most consistent of the ››› SCORECARD STORY stores, from the design of the store to the way the owners chose to present themselves through individuality and marketing. EXTERIOR INTERIOR KATE PETERSON ADVERTISING MANAGEMENT CONSULTANT ✪ Steve Samaras could give everyone a INDIVIDUALITY valuable lesson in marshalling courage and resources and in overcoming adversity! The new store is a monument to the value of fortitude, commitment and will! BRAD HUISKEN SALES TRAINER ✪ Zachary’s has a very cool interior and exterior, designed around a nautical theme in keeping with the surrounding area. OVERALL SCORE 89% 80.6% 95% 84.8% 90% 88.6% extended home for their employees as well as the people in their community. They want their customers to feel comfortable shopping, spending money, browsing or simply stopping by. JAMES PORTE RENEE SINGER JEWELRY WHOLESALER ✪ Other stores would benefit from learning how Zachary’s becomes involved in their customers’ lives way beyond the sale. Zachary’s creates customers for life, something more stores should do. MARKETING EXPERT ✪ The store employs innovative marketing strategies and has aggressively partnered with other businesses that have the same commitment to quality and value. Zachary’s has also embraced the Internet with its virtual marketing efforts. TERRY CHANDLER AMANDA GIZZI TREND WATCHER ✪ What is really cool about Zachary’s is more than its appearance. It is its business model. They are dedicated to their community. They work hard to be an JEWELRY EDUCATOR ✪ A sleek presentation that has strong architectural weight speaks immediately to the seriousness and intensity of the operation. The ship-like feel and fittings make the very point intended. q Marketing for the store’s reopening merged its old look with the new. 90 AUGUST 2008 JUDGES DEFINE ‘COOL-NESS’ WHAT MAKES A COOL STORE? SUSAN EISEN RETAILER A cool store is one that sticks out from the crowd, causes excitement and wonder when you walk in, makes you “ooh” and “ahh,” at not only the jewelry but the interior, and makes you feel comfortable and wanted. RENEE SINGER JEWELRY WHOLESALER The coolest store says, “Visit us often” and provides plenty of reasons to do so. KRIS KARGEL BRANDING EXPERT Cool stores know it’s not just about the merchandise. Great retailers are brands that live in the hearts and minds of their clientele. Their passion is visible in every detail that went into creating an experience that is consistent, authentic and speaks to their target audience. Being cool requires authenticity and cohesiveness throughout the entire experience. JAMES PORTE MARKETING EXPERT KATE PETERSON MANAGEMENT CONSULTANT I think that a cool store is one that starts with the owner’s clear vision — a vision that defines the brand. The vision directs everything from the product choices to the staff selection, to the architectural design of the store, to the marketing and message to the public. Anyone (given enough time and enough money) can build a beautiful store, but to me cool is an attitude — the foundation, not the result. Whether I am dealing with a sales associate or the owner of the store, if they convey to me that they love what they are doing, that’s cool! And how I am dealt with when a problem arises is the real telltale sign of a very cool store. ANGUS GOBLE ARCHITECT A cool store’s design should embrace and explore the product and effortlessly support the store’s branding. AMANDA GIZZI JON PARKER TREND WATCHER HEAD HUNTER Cool is making customers forget that jewelry is not a necessity. To me it is a store that knows how to tie it all together. The environment, the displays and its offerings, presented by a knowledgeable staff that you can tell is excited to be there and serve. CAROLINE STANLEY MARKETING CONSULTANT All the cool stores have things in common: Creative, out-of-the-box thinking, people behind them willing to take chances on the unusual, strong partnerships with industry suppliers and, importantly, solid yet creative marketing. JAMES WEST JEWELERS GUILD DEVELOPER Here’s what doesn’t make a cool store: A marble mausoleum displaying trinkets that exudes the image of “our prices are too high,” or an environment where you feel you will be “pounced on” by high-pressure salespeople. Take that away, and you’re halfway to cool. 156 AUGUST 2008 TERRY CHANDLER JEWELRY EDUCATOR A cool store is greater than the sum of its parts and a total reflection, at every point, of the owners’ concepts and thought processes. Each element must fit exactly into the original idea. In other words, there are no sour notes or pieces that don’t resonate the entire theme. From the cases to the merchandise to the packaging, all the parts work together to make the intended statement. Add to that originality and creativity, coupled with associates who radiate energy and enthusiasm and a cool store appears before your very eyes! Every time! OUR COOLEST JUDGES B I G S T O R E C A T E G O R Y S M A L L S T O R E C A T E G O R Y 1 2 3 4 1 2 3 4 5 6 7 8 5 6 7 8 1 ANN ARNOLD Chief Financial Officer/Vice President, Lieberfarb Inc. Since 1993 Arnold has overseen finances and sales for Lieberfarb. In 2006, she was elected president of the Women’s Jewelry Association. She sits on the boards of the MJSA and the JBT. 5 KRISTOPHER KARGEL Vice President Sales and Marketing, Chippenhook Kargel’s expertise is in creating branded images for leading jewelers, retailers and luxury brands through developing coordinated visual merchandising and packaging programs that improve sales. 2 JAMES E. DION President, Dionco Inc. Dion is a consultant, keynote speaker, trainer and author. He consults, trains and speaks on consumer trends, retail technology, selling and service, retail merchandising and operations. He has 30 years of retail experience working at Sears, Levi Strauss and Gilmore Department Stores. 6 JON PARKER Senior VP, DJP Executive Search Inc. Parker’s company is the only retainer-based executive-search firm that serves the fine jewelry industry exclusively. He consults with the industry’s leading retailers, wholesalers and manufacturers in the discreet development of new positions as well as fulfilling their employment needs. 3 SUSAN EISEN Owner, Susan Eisen Fine Jewelry and Watches Eisen is an El Paso, TX, retail jewelry store owner and author of Crazy About Jewelry! An Expert Guide to Buying, Selling and Caring for Your Jewelry. She hosts a weekly radio talkshow about jewelry. 4 ANGUS GOBLE President, Angus Goble, LLC In 2003, architect Goble founded Front, a façade practice focusing on specialist glass design and innovative façade design. Goble went on to found Angus Goble, LLC with offices in New York and associate offices in Granada, Spain. METHODOLOGY HOW THE WINNERS WERE PICKED 158 AUGUST 2008 7 CAROLINE STANLEY President/CEO, Red Jewel Inc. Stanley’s company provides marketing, consultancy and communications solutions for the jewelry trade. She is the author of Jewelry Savvy: What Every Jewelry Wearer Should Know. 8 JAMES WEST Executive Director, Leading Jewelers Guild For 28 years West has worked on expanding Leading Jewelers Guild. West focuses on the development and growth of membership, providing unique and profitable services to its constituents. 1 & 2 BILL AND SHARON BLAIR Executive Directors, Kansas, Missouri, Oklahoma, Nebraska and South Dakota Jewelers Associations Bill Blair has been an association director and show manager for 50 years. He has been a coordinator and marketing director for the Jewelers Executive Conference for nine years. Sharon Blair has been directing jewelry-related shows and associations for 25 years. She was also instrumental in the founding of the Jewelers Executive Conference. 3 TERRY CHANDLER President and CEO, Diamond Council of America Through the nonprofit Diamond Council of America, Chandler provides education and training for jewelers and jewelry salespeople. Chandler spent more than 20 years operating retail stores in the mid-South. 4 AMANDA GIZZI Associate Director for Public Relations and Spokesperson, Jewelry Information Center As a nationally recognized industry spokesperson, Gizzi is an authority on fine jewelry and watch trends. She works closely with the media, helping to increase the visibility of fine jewelry and watches, in addition to teaching seminars on marketing, PR and trend forecasting to retailers and manufacturers in the jewelry and watch industry. 5 BRAD HUISKEN President, IAS Training Huisken has written several books and his company delivers seminars and in-house consulting on sales and sales management. Huisken has spoken at numerous tradeshows and writes articles on selling skills. 6 KATE PETERSON President and CEO, Performance Concepts Peterson provides sales and management consultancy for retail jewelers. She has written the Real Deal column in I N S T O R E since 2002. 7 JAMES PORTE President, Porte Marketing Group Co-founder and Partner, Target Mailers Porte founded the Jewelry Marketing Institute and Porte Marketing Group in 1989 in an effort to help jewelers better market and brand their stores. He is also president and founder of Target Mailers, an online web-toprint company that offers printing, mailing and e-mailing services. 8 RENEE SINGER President, Start-to-Finish Start-to-Finish, LLC is a family owned and operated wholesale jewelry business in Birmingham, AL. Singer is on the board of the Alabama Jewelers Association and was named the 2008 associate member of the year. This year’s contest featured a first-ever split in categories: Big Cool for stores with 11 or more full-time employees; and Small Cool for stores with 10 or fewer. From a record total of 117 entries, 15 finalists per category were selected by I N S T O R E ’s editors. Eight industry-expert judges per category provided the top five picks in each category. Judges viewed the entries on a specially created website and rated stores on a scale of 0 to 100 in five categories: story, exterior appearance, interior appearance, advertising and marketing and overall individuality. Total scores were calculated weighting the categories according to importance: story 50 percent, exterior 75 percent, interior 100 percent, advertising 50 percent and individuality 100 percent. After determining the top five in each category, judges revisited the entry website to comment on each winner. Many thanks to our terrific judges and all those who entered! And congratulations to this year’s Coolest Stores!
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