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The National Retail Federation predicts that economic growth and lower unemployment rates will help retail industry sales climb 4 percent in 2015, a very slight improvement over last year.
More than 20 percent of shoppers plan on purchasing jewelry this Valentine’s Day, spending a total of $4.8 billion on the category, the National Retail Federation said.  
Total retail sales in November and December increased by 4 percent to reach their highest levels since 2011, according to the National Retail Federation. 
National Jeweler asked retailers to use just one word to describe their holiday season sales. Responses ranged from mediocre to cheerful to unusual. 
The retail industry as a whole will lose an estimated $10.9 billion to return fraud this year, with more than a third of that occurring during the holiday season, according to the National Retail Federation’s 2014 Return Fraud Survey. 
Christmas came early for some jewelers making this last weekend before the holiday less busy, while others reported strong sales. 
Lower gas prices, an improved job market and late-spending consumers could give retailers a boost as the 2014 holiday season comes to a close. 
On a weekend usually overshadowed by big-box frenzy, jewelry held its own in the days following--or, in some cases, on--Thanksgiving.   
Consumers will spend more than ever before on gift cards this holiday season, citing practicality as the reason they buy them instead of picking a specific present.
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.