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In its Business Pulse survey for March, Jewelers of America surveyed jewelers about their plans for passing on the family business. How do our results compare with the situation at your store?
More than half of the retail jewelers who took our survey this month said their watch sales have declined over the past 10 years as they struggle to compete with online sellers.
Our Product Panel survey shows silver jewelry sales continue to be strong for jewelers around the nation, even with the price of gold dropping.
The latest statistics from the Jewelers Board of Trade show that in the United States, 760 retail jewelers/repairers ceased operations in 2015, up from 612 in 2014.
The National Retail Federation’s recent survey shows consumers are opting to either save or pay off debt with their returns, although a select few will still “splurge.”
In its latest market brief, Synchrony Financial predicted that technology will shape eight of the top 10 trends expected to have the greatest impact on retail sales this year.
The upswing that began in 2013 continues today but feels “fragile,” as consumers are choosing to spend their money on experiences rather than things.
The National Retail Federation says consumers will spend a total of $19.7 billion on loved ones this Valentine’s Day, $4.4 billion of which will go toward jewelry.
Books that look toward the future of business and assist innovators in reaching their goals are among those National Jeweler is recommending to retailers this month.
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.