Slowing sales prompt Newcastle jeweller to sell off stock and close doors

An independent jewellery retailer, which has been trading from Newcastle for over 100 years, has decided to close its shutters for the last time on January 31.

Davidsons the Jewellers, on Grey Street, has been based in the city since 1898 but the family business has decided exit the high street after facing struggling retail conditions.

For the last 20 years, the firm has been run by brother and sister duo, Tony Davidson and Helen Pearson, who inherited the business from their father.

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Tony Davidson told local newspaper, Chronicle Live: “We are coming up to the end of the lease and we have decided in the current economic climate we are not prepared to commit to another lease.

“Sales are not as good as they used to be and in this instance we have decided to close and sell off what we have.”

He continues: “We have had really good business throughout December. We have regular clients and they got an email explaining why we are closing and they have come in to get something flash, as it is their last chance.”

The jewellery retailer, which stocks bridal and fine jewellery, alongside pieces by designers, is holding a closing down sales until the doors close for the final time at the

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