RI’s Ross-Simons optimistic about the future

News

CRANSTON, R.I. (WPRI) – Executives at prominent Rhode Island jewelry company Luxury Brand Holdings, owner of Ross-Simons, say they’re optimistic about the future as they make changes to address the evolving retail landscape.

Those changes include reducing the Cranston-based company’s brick-and-mortar store footprint, including by closing its Sidney Thomas store at Providence Place mall to consolidate its Rhode Island retail operations at its Ross-Simons flagship in Warwick.

Another change – longtime Chairman and CEO Darrell Ross, who’s been with the company since 1974 and is the son of its co-founder, has appointed a new president, James Speltz, to help lead the company into the future.

Ross and Speltz discussed the changes and what’s next for Ross-Simons during this week’s taping of Executive Suite, which will air Sunday at 6 a.m. on Fox Providence and at 8 p.m. on myRITV.

“With a new leader, with new energy, with experience, there’s no limit to our growth, and we can increase our penetration everywhere – we can add employment in Rhode Island – and we can really, really do ourselves proud and offer our customers more jewelry, but also other products,” Ross said.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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