"Our success over the years was greater than anything we could have imagined," said Mr. Tom.
Between now and the planned closing at the end of September, the store is holding a "Retirement Sale" offering "our entire collection of jade and precious gems at extraordinary savings," he said.
"We've devoted so many years to the business," Mr. Tom said of his family, which includes brothers Tommy Tom and James Tom. Retirement will enable them to spend more time with their children and other members of their families, he said.
In November 2007, Tom Wing & Sons opened its elegant Menlo Park store in a new building at 888 Santa Cruz Ave. in downtown Menlo Park, after more than 30 years at the Stanford Shopping Center.
George Tom and his brothers and sisters followed a tradition started by their father, Tom Wing Kee, who left Shanghai, where his family had been jewelers for generations, and moved to San Francisco in 1961.
He opened his first jewelry store on Grant Avenue in San Francisco. At one time, the family operated four jewelry stores.
The company built its reputation in dealing in jade, diamonds, porcelains, vases, screens and snuff bottles. "We're like a little Gump's," Mr. Tom told the Almanac in 2007.
Go to tinyurl.com/Tom817 to read Jane Knoerle's story in the Almanac about the opening of Tom Wing & Sons in Menlo Park.