Apr. 6—WATERVILLE — Day’s Jewelers, a longtime business in downtown Waterville with outlets throughout Maine and New Hampshire, is organizing to transfer its corporate workplaces from the upper flooring of 88 Principal St. to The Elm on College or university Avenue.
Day’s is leasing the most important floor of The Elm at 21 Faculty Ave. from proprietor Monthly bill Mitchell, who formerly experienced an party centre there. Renovations are ongoing to produce workplaces and convention house, and Day’s officials program to move the firm’s workplaces this summer.
Day’s President Joe Corey claimed in a information launch Thursday the company’s existing business office lease is up for renewal upcoming thirty day period, the company staff has expanded in the latest yrs and the corporation needs a new site that can accommodate the increasing number of staff members.
The Boulos Co. found the alternative in The Elm, which gives 10,972 square toes of place.
Corey declined to say how considerably it will charge to get ready the room for Day’s offices, but said it is a “significant expense.”
Mitchell said Day’s is the sort of high-good quality tenant he seeks for his qualities.
“I have recognized the entrepreneurs for numerous several years and have usually been amazed with their strategic eyesight and execution of their small business system to reach good results as a jewelry retailer,” Mitchell said in the release. “Joe Corey and Dave Gilman (vice president of finance) are effectively-positioned to take Day’s to the future degree of good results.”
Mitchell afterwards advised the Morning Sentinel the Metropolis Council chambers, First Congregational Church United Church of Christ and its similar Necessities Closet will continue being on the decreased degree of the creating.
He mentioned Day’s has been a staple in Waterville for a lot of several years and the metropolis is lucky to have the retailer downtown, notably all through the city’s significant section of revitalization.
“For them to propose their corporate places of work to continue being in downtown Waterville exhibits their self-confidence in the future of downtown,” Mitchell claimed. “That, in itself, ought to be attractive and appealing to other folks who are thinking about locating there, subsequent Day’s Jewelers’ guide.”
Now an personnel-owned enterprise with 140 staff and 8 retailers, Day’s was founded by the Davidson relatives in 1914 in Portland. In 1988, Corey’s mother and father, northern Maine natives Jeff and Kathy Corey, together with Jeff’s brother, Jim Corey, and yet another companion bought the company.
Jeff and Kathy Corey retired in 2021 and Day’s was bought to personnel less than an staff inventory ownership plan. Jeff and Kathy Corey continue to be on the company’s board of administrators.
“This is a significant chance for our personnel-owned business,” Joe Corey said in Thursday’s release. “It sets us up for future expansion even though letting us to stay in Waterville, which has supported us for so a lot of yrs.”
Along with the Waterville shop, which is to continue being on Most important Avenue, Day’s has shops in Auburn, Augusta, Bangor, South Portland and Topsham, as very well as Manchester and Nashua, New Hampshire.
Joe Corey claimed Thursday in a telephone job interview that about 40 employees from two floors earlier mentioned the retail retail store on Primary Street will go to the new offices, probable by Aug. 1. They incorporate finance, IT, marketing and human means staff.
Cameron Foster and Craig Young represented Day’s in leasing place at The Elm, and Day’s officers are performing with Maine Structure + Create on the inside.
In 2016, Day’s was chosen Retailer of the Year by the Retail Association of Maine, and in 2017 the organization was named Corporate Retailer of the 12 months by the Women’s Jewellery Affiliation.
It has been named among the ideal areas to work in Maine for the past seven yrs by the Society for Human Sources Administration-Maine Condition Council.
