About Us
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Jeff, John, Paul and Creighton Taylor share equally the responsibility |
The brothers’ various talents and training complement each other, creating an overall talent pool that provides a better foundation than if one person were trying to be a day-to-day expert in all areas. Plus, “the great thing about having all four of us is that we can bounce stuff off each other,” says Creighton. “We never have to make a decision alone; we are all stakeholders, so we share an interest in making the right decisions. It’s a definite advantage.” John agrees: “You can get four different perspectives on one issue. You always have someone to go to for a second, third and fourth opinion. You might not like the opinion, but at least you have the option. It can help you to look at something in a different way.” The company’s founder, David Creighton Taylor, was a watchmaker by trade. He started the business in 1895, establishing what remains today a grounded, small-town, community-minded jewellery business. His father ran a tailor shop, and an uncle was the editor of the local newspaper. “Great-grandfather understood that he needed to grow his business by becoming a strong member of the community,” says John. “He became involved in various sports clubs, supported the arts and was involved in church life. He established a strong presence in the community, and over time developed a strong loyal following of customers.” In the evening, the store often stayed open late so D.C. and his friends could play music together. Family members and friends formed a musical group called the Bon Tons, and played at parties in their wide-striped suits and straw hats. “Dad’s ambition was always to be the best jeweller in Grey-Bruce county,” says Paul. “In order to do that, he followed some of the same principles that his grandfather and father upheld, including a commitment to good service and delivering a quality product – offering good value for money. He was willing to take risks on any type of product if he believed in it,” says Jeff. “he even took a chance on selling Samsonite suitcases in the ’60s, when he saw a trend toward people travelling more.” |
Creighton credits his father with a knack for remembering people’s names. “Or if he couldn’t remember the name, he would remember where they came form. In so doing, he made his customers feel important and welcome. Dad used to bet his kids milkshakes that a particular customer would be back to buy a diamond ring. We still owe him to this day,” says Jeff. David Taylor was also one of the first jewellers to create a diamond room. “All the dealers thought he was crazy,” says Jeff, “but he was ahead of his time. He understood that people want privacy and discretion when they buy an engagement ring.” Today, the Taylor boys are also involved in the community, maintaining the tradition of small-town hospitality, while adopting the modern systems and product lines of what has become a global, sophisticated, brand-oriented business. They opened a store in nearby Meaford in 1975 and a Port Elgin store in 1983, but closed both once they discovered that their second Owen Sound store, in Heritage Mall, drew customers from the entire Grey/Bruce region. The brothers decided to place their emphasis on the three strong stores. In 2009, the Heritage Mall store, opened in 1987, was relocated to a more high-traffic plaza, with lots of parking. The Taylors attend five trade shows a year, including JCK Toronto, JCK Las Vegas and buying group shows. D.C. Taylor has been a member of the Canadian Jewelery Group for over 30 years, which holds one show each year. They also attend two shows a year as members of the Continental buying Group in the U.S. “We put our emphasis on the suppliers from those groups, before we look outside,” says Jeff. “The shows are sources for new product, keeping an eye open for a possible new vendors and the exchange of ideas with our buying group retailers to help our business grow.” The stores carry Swarvski, Lladro, Waterford and Royal Doulton giftware, and jewellery brands Tacori, Simon G. Honora and Canadian diamonds from the Victor mine. “We have been carrying more 10k gold recently,” says Jeff, “and we’re looking at suppliers who are using lighter weights without compromising the overall quality, as well as stocking alternative metals, such as silver. In this economy, the consumer is more jitterey than in the past. We will be focusing on the better sellers, and cleaning up where we are overstocked.” David Creighton, the boys’ father, retired from the business in 1992, leaving them to take over. “Fewer than 3% of family businesses make it to the fourth generation,” observes Jeff, citing a statistic released by the Canadian Association of Family Enterprise. Between them, the Taylor brothers have 10 children, aged 3 to 24. Those who are old enough work part-time in the store, performing odd jobs and gift-wrapping during the holiday season. And so the fifth generation takes a foothold… (CJ) |