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Pohlads sell downtown Minneapolis jewelry business to Iowa group
The jewelry store has been in Minneapolis since the 1880s.
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Credit: Google Street View
Months after getting out of the radio business by selling a pair of Twin Cities-based stations, the Pohlad family is getting out of the jewelry sector.
Pohlad Companies announced Monday that it has sold JB Hudson Jewelers to Iowa-based Gunderson s Jewelers. According to a release, the sale will close at the end of March.
Terms of the sale were not disclosed.
The luxury jewelry store remains open for normal business hours at its location on the corner 9th St. and Nicollet Ave. in the Young Quinlan Building in downtown Minneapolis. It also operates a satellite store in the North Loop, called The Loupe.