Historic NC jeweler is closing a Raleigh store. Merchandise is up to 70% off
One of North Carolina’s oldest jewelers is closing a store in the Triangle.
Bailey’s Fine Jewelry, a locally-owned company founded in 1948, will close its store at Crabtree Valley Mall in Raleigh.
“After 15 years in Crabtree Valley Mall, Bailey’s has decided to close this location and focus on better serving you in our other locations,” the company wrote on its website.
The jewelry company has several other stores in the Triangle. One is at Raleigh’s Village District, the shopping center formerly known as Cameron Village, and another is at Fenton in Cary. Bailey’s also has North Carolina locations in Greenville and Rocky Mount, along with a by-appointment-only studio in the jewelry district of Los Angeles.
The company recently purchased Charlotte’s Morrison Smith Jewelers, a popular Charlotte jeweler that has been in business for more than 70 years, The Charlotte Observer previously reported.
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Sale at Bailey’s Fine Jewelry
The Crabtree location is holding a sale, merchandise discounted up to 70% off.
There is no end date for the sale, and it can only be shopped in person, according to the jeweler’s website.
Bailey’s sells engagement rings, jewelry from top designers including David Yurman and watches.
Other jewelry stores at Crabtree include Diamonds Direct — which is opening a new, 6,100-square-foot showroom at the mall — Reeds Jewelers, Zales and Swarovski.
Triangle Business Journal first reported news of the Crabtree retailer’s closure.
This story was originally published April 25, 2025 at 4:02 PM with the headline "Historic NC jeweler is closing a Raleigh store. Merchandise is up to 70% off."
