Market Developments
Charles 'Chuck' Lein to retire from StullerLafayette, La.--Stuller Inc. President and Chief Operating Officer Dr. Charles D. "Chuck" Lein will retire at the end of the month and his responsibilities will be split between two people, Stuller announced late Thursday. Read More MJSA names David Cochran president, CEOProvidence, R.I.--Manufacturing Jewelers and Suppliers of America (MJSA) has named longtime industry veteran David W. Cochran as its new president and chief executive officer. Read More 
Bernie Robbins bets high on Hearts On Fire storeVeteran retailer Harvey Rovinsky, who owns 10 jewelry stores, including the six-store Bernie Robbins chain, is rolling the dice as the owner and operator of the country's first Hearts On Fire store, which opened in June. Read More Two suspects shot in attempted jewelry robberyPhoenix--The owner of a Phoenix jewelry store shot and wounded two men during an attempted robbery at his store on Monday, the Arizona Republic reports. Read More 
Dance cards full for liquidators, pawnshopsSimplexDiam's Neel Madhvani says his company's liquidation division, which buys up pieces such as these Journey diamond pendants, is akin to the "Wal-Mart" of jewelry inventory liquidators. Read More M. Geller launches Diamond Jewelry BuilderChicago--M. Geller has announced a new companion to its popular Bridal Ring Builder platform for retail jewelers. Read More Pacific Northern offers loaner-display programCarrollton, Texas--Pacific Northern, a manufacturer of custom jewelry, optical and watch display products, has introduced a new, emergency loaner-display program for jewelers hit by natural disasters such as hurricanes and floods. Read More Can Obama bring change to retail outlook?Washington--Though many Americans were on an emotional high after Barack Obama was elected the nation's first black president, retail jewelers who spoke to National Jeweler were more grounded in their discussions of how his presidency might impact the retail business. Read More 
Last minute boosts lackluster jewelry salesLast-minute sales of lower-priced pieces helped a few jewelers break even for the year, but many who spoke with National Jeweler on Monday reported a drop in holiday sales and much trepidation for the year ahead. Read More Diamond Staffing Solutions expands servicesDerry, N.H.--Diamond Staffing Solutions has announced the expansion of its services to include three new programs for the jewelry industry: secret shopping, store and staff evaluation, and career transition for employees affected by downsizing. Read More Arizona jeweler wounded in attempted robberyChandler, Ariz.--A retail jeweler was shot in the face and an alleged robber killed after a shootout erupted in the midst of an attempted robbery at an Arizona jewelry store, according to media reports. Read More 
Snow stalls jewelry sales, but men still buyingNew York--The economic slowdown and severe snowstorms packed a one-two punch for jewelers this weekend, with many reporting slow sales despite new sales tactics, while others celebrated the last-minute male shopper. Read More 
De Beers opens 11th U.S. storeBal Harbour, Fla.--Diamond miner turned retailer De Beers opened its 11th U.S. location on Tuesday with the launch of its store at the Bal Harbour Shops in Bal Harbour, Fla. Read More JVC, JBT to present 'memo' seminarNew York--The Jewelers Vigilance Committee (JVC) and The Jewelers Board of Trade (JBT) will present "The Basics of Memo Transaction--The Do's and Don'ts of Trading on Memo" at the JA New York Winter show next month. Read More Jewelry execs to examine economy at MJSA ExpoProvidence, R.I.--Manufacturing Jewelers and Suppliers of America (MJSA) will hold a panel discussion to examine the current state of the jewelry industry at the MJSA Expo New York 2009 in March. Read More
Holiday shoppers stick with classic jewelry stylesNew York--Contrary to constant reports of the country's economic ruin, jewelers nationwide who spoke to National Jeweler on Monday reported brisk sales over the weekend, with customers investing in classic jewelry pieces in the $500 range over trendy styles. Read More MJSA elects new chairman, directorsProvidence, R.I.--Manufacturing Jewelers and Suppliers of America (MJSA) welcomed a new chairman and elected several new members to its board of directors at its 105th annual meeting on Dec. 8. Read More Jewelers, are you ready to jam?Paso Robles, Calif.--Musicians and music lovers within the jewelry industry get ready to jam. Read More 
Jewelers host events, avoid talk of economyCarmel, Ind.--At Moyer Fine Jewelers, the calendar will be fuller than usual this holiday season, with a trade-up-your-diamond soiree, silver trunk shows featuring David Yurman and John Hardy, and various other selling events aimed at packing customers in. Read More Weston Jewelers brings snow to sunny FloridaWeston, Fla.--Snow in southern Florida is about as common a sight as is beach wear in Alaska, but retail jeweler Weston Jewelers is making it happen this year for a children's hospital, creating an outdoor "Winter Wonderland" with real snow. Read More JSA warns jewelers to beware of diamond switchesNew York--The Jewelers' Security Alliance (JSA) is warning retail jewelers to be wary of "switch artists" who swap out diamonds for cubic zirconia. Read More
Jewelers full-speed ahead on holiday marketingNew York--In an effort to draw consumer dollars in a down economy, jewelers who spoke to National Jeweler on Monday said they are getting creative with their promotional plans this holiday season, changing up their spend, their approach and their timing. Read More 
A holiday to-do list for jewelry salespeopleDoug Fleener, National Jeweler "Your Store" columnist and author of The Profitable Retailer, offers 10 actions you can take to have an enjoyable and successful holiday season: Read More Jewelers Mutual increases registered-mail coverageNeenah, Wis.--Just in time for the holiday season, Jewelers Mutual Insurance Co. has increased its free, automatic limits for registered mail and travel coverage to and from the post office. Read More Harry Winston hit for $100M in jewelry heistParis--A group of armed robbers made off with millions of dollars worth of jewelry during a brazen late-afternoon robbery at a Harry Winston store in Paris, according to various news sources. Read More |
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