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Ginsberg Jewelers in Cedar Rapids Closing After 93 Years November 23, 2023 (0 comments)


Cedar Rapids, IA--Ginsberg Jewelers, one of Iowa's oldest family-owned jewelry stores, is closing its doors after 93 years.

[Image on Google Maps via KHAK]

Steve Ginsberg, the current owner, announced on social media on November 6. Ginsberg cited slow sales and a reluctance to incur debt as reasons for the decision. A liquidation sale is currently in progress, though no definite end date has been established.

According to a KHAK report, Ginsberg commented, "If there is jewelry in the showcase, we’ll be open to sell it." Post-sale plans for the business remain uncertain.

Ginsberg Jewelers has roots in Cedar Rapids, established in 1930 by Isadore Ginsberg, a Russian immigrant. The business experienced various relocations through the 1960s, 70s, and 80s. It expanded to a five-store chain, including two locations in Cedar Rapids, one in the Sycamore Mall in Iowa City, and two in Des Moines.

Following the 2008 flood, the store chose not to return to downtown Cedar Rapids, instead building its current location near 1st Ave. and Collins Road. Per the report, in his closing statement, Steven Ginsberg expressed gratitude for the memories and connections made through the business.

He revealed that the store became a multi-generational family business "by default, not by design."

Store hours for the ongoing sale are from Monday to Friday, 10 am to 5 pm.

Learn more in the entire KHAK report.

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