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Sterling Jewelers Inc. reported a 5 percent year-over-year increase in same-store sales in November and December, driven by strong sales of branded merchandise and watches as well as beads.
Tiffany & Co. reported Friday that same-store sales in the Americas rose 7 percent during the two-month period ending Dec. 31.
Calling its holiday season “solid” in a challenging retail environmental, Zale Corp. recorded a 2 percent year-over-year increase in same-store sales in November and December, the retailer reported Friday.
Despite what its CEO described as a “successful” holiday season, Macy’s announced Thursday it would lay off about 2,500 employees as it trims central office staff and closes stores.
J.C. Penney Co. Inc. released a statement Wednesday commenting on its holiday performance that gave very few details, spurring speculation that the retailer’s turnaround had stalled.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.