Alex and Ani Takes Another Hit - Closes Wayland Square Store

Alex and Ani Takes Another Hit - Closes Wayland Square Store

Once one of the highest volume stores for Rhode Island jewelry company Alex and Ani, but now the Alex and Ani in Wayland Square store is gone. Just as the holiday season is kicking off Alex and Ani has closed its premier store in the upscale East Side shopping area.

 

As GoLocal exclusively reported on September 21:

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A number of top staff, including management, at Alex and Ani were dismissed on Friday afternoon, GoLocalProv.com has learned. Included in the jettison was Chief Operating Officer/Chief Financial Officer Jane Fitzpatrick-Conway, Senior VP of Sales Dan Sills, and Greg Williams who served as Director of Retail. 

According to sources at the company, more than ten senior staffers were dismissed and no replacements have been publicly named.

Jane Fitzpatrick-Conway, COO/CFO

This is just the latest management change. As GoLocal first reported in March, Harlan Kent, who has served as President of Alex and Ani for the last year has stepped down. Kent was the third President of the Company in the past twenty-four months.

 

Closing Before the Holidays is Unusual

 

Most retail closings take place after the holidays when the retailer has generate significant sales. The closing of the Wayland store is also perplexing as that retail area has been on an upswing and recently added West Elm — an upscale home goods store and Pasta Beach restaurant.

Calls to Alex and Ani were not answered.