Posted inNews

It’s Shop for a Cause Day in Old Port Saturday

PORTLAND — Old Port shops are donating a portion of their sales on Saturday to a local charity as part of Portland’s Downtown District’s annual Shop for a Cause Day. The event is an opportunity to promote Portland’s local, independent businesses while supporting less fortunate members of the community, said Janis Beitzer, the Downtown District’s […]

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Posted inBusiness

It’s a gold rush (even in Maine)

PORTLAND — The decade-old pair of earrings in your jewelry box may be worth more than you think.

Area jewelers say record high gold prices are enticing more and more consumers to sell their old gold jewelry back to jewelry stores in exchange for cash or store credit. And in some cases, buyers-turned-sellers are getting back much more than they originally paid.

“We are probably seeing double the number of people coming in” to sell old gold jewelry, said Jeff Corey, president of Day’s Jewelers, which has seven locations, including one in South Portland. “People are sometimes getting double what they paid.”