Petro’s Jewelers to close after decades in Williamsport

Petro’s Jewelers will shut down as owner Mike Petro retires, and the store is opening its largest sale ever to the public on Thursday, October 29, in Williamsport, Pennsylvania. The going-out-of-business event includes the full inventory, from fine jewelry and diamonds to gemstones and sterling silver.

Why it matters: - Petro’s Jewelers is ending a decadeslong run in Williamsport, closing a longtime local business that served multiple generations of customers. - The store’s final sale gives shoppers a chance to buy from the entire inventory before the Basin Street location closes.

What happened: - Owner Mike Petro is retiring, and Petro’s Jewelers has announced it will go out of business. - The Going Out of Business Sale opened to the public Thursday, October 29. - The sale is being billed as the largest in the store’s history. - The closing sale is taking place at 201 Basin St., Williamsport, PA 17701. - The store’s website is petrosjewelers.com.

The details: - The entire inventory is included in the sale. - Shoppers can buy fine jewelry, diamonds, lab-grown diamonds, gemstones, fashion jewelry and sterling silver jewelry. - Petro began in the jewelry business in 1971 as a stock boy at a jewelry store. - Petro later moved into jewelry repair and jewelry making before coming to Williamsport in 1978. - Petro initially operated as a repair shop for other jewelers before opening a retail store in 1985. - Petro’s Jewelers has operated from the same Basin Street location since 1985 and expanded three times as the business grew. - The store became known for jewelry repair and custom design. - Much of the inventory featured custom pieces made by the store’s team for clients. - Store manager Tom Fink, a Williamsport native, joined Petro in November 1978. - Petro and Fink have worked together for nearly five decades.

Between the lines: - The closure reflects a retirement-driven exit rather than a sale to a new owner. - The announcement leans heavily on the store’s history, craftsmanship and customer relationships, signaling that the business sees its legacy as part of the appeal of the final sale. - Petro’s comments frame the event as both a customer appreciation sale and a personal transition after a long local run.

What's next: - Customers are being urged to shop early for the best selection while inventory lasts. - The store’s final days will center on the liquidation sale as Petro prepares for retirement. - Williamsport loses a long-running jeweler that had become a fixture in the community.