NORTHAMPTON — Silverscape Designs, the jewelry shop in a landmark former bank building in the heart of the city’s downtown, is going out of business after 27 years at the corner of King and Main streets.
The announcement Monday came about 18 months after the building at 1 King St. went on the market for $2 million, with the owners saying they planned to move to a smaller location.
“It’s a tough place to leave, but it’s time for retirement,” owner Wallace Perlman said Monday.
In a phone interview from his home in Connecticut, Perlman said the jewelry business has been suffering for some time.
“Jewelry has become less interesting to people over time,” he said. “Older people still have an interest. But younger people don’t. Why do you think Ikea has been so successful? People have found a way to get something that costs less money, but may not