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Your keyword: jewelry stores
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Report: Gitanjali to scale back some U.S. stores
...2007, operates a total of 130 jewelry stores in the United States. The Standard reports that Gitanjali will target underperforming stores in rural areas, downsizing some while likely closing others. Specific stores were not cited in the report, and it was not clear if the changes would apply to Samuels, Rogers or both. Gitanjali USA Chief Executive Officer Nehal Modi did not immediately respo... |
U.S. sales looking up for Sterling
...Jewelers Ltd., which operates jewelry stores in both the United States and the United Kingdom, sales for Sterling totaled $624.8 million for the 13 weeks ended May 2, a decline of only 2.6 percent.Sterling operates Kay Jewelers and Jared The Galleria Of jewelry stores, as well as a number of regional brands.Signet Chief Executive Terry Burman said it was an "encouraging performance" compared with ... |
How can jewelers coax in more shoppers?
...rs spent three years visiting jewelry stores across the country and surveying consumers about their experiences, the conclusion was unavoidable: Americans simply don't like shopping at jewelry stores."It's kind of average out there," Diamond Promotion Service (DPS) Director Claudia Rose said about the current jewelry retail environment during her presentation titled "Winning or Losing in the Year ... |
Birks and Mayors 1Q sales drop 20 percent
...and Mayors operates 69 luxury jewelry stores in the United States and Canada. As of June 30, 2009, the company operated 37 stores (Birks Brand) across most major metropolitan markets in Canada and 30 stores (Mayors Brand) across Florida and Georgia, as well as two retail locations in Calgary and Vancouver under the Brinkhaus brand.For more information about Birks and Mayors, visit the company's We... |
U.S. fuels Signet 3Q growth
for 75.6 percent of the company's total year-to-date sales, or $1.583 billion. Total year-to-date sales at U.S. stores increased 13.3 percent (12.6 percent at constant exchange rates), while same-store U.S. sales grew 6.9 percent.Signet operates 1,865 jewelry stores, including 1,290 stores in the United States under the names Kay Jewelers, Jared the Galleria of jewelry and several regional names.... |
Samuels Jewelers in acquisition discussions
the sightholder."We believe Samuels is an ideal candidate to complement a sightholder's strengths in manufacturing of diamonds and jewelry products," Samuels Chairman David Barr said in a statement. Samuels operates 97 retail jewelry stores in 18 states under the names Samuels, Schubach and Samuels Diamonds. The retailer had an estimated $100,000,000 in U.S. retail jewelry and watch sales in 2005.... |
Blue Nile reports better-than-expected 1Q results
...dustry this year."Traditional jewelry stores, many of which are highly leveraged, are finding it difficult to continue operating in this challenging economy," she said, adding that such consolidation "creates tremendous opportunities" for Blue Nile."There is no doubt we are gaining market share," Irvine said.Blue Nile plans to launch a redesigned Web site later this year that emphasizes the custom... |
Montblanc says thanks to moms, gives back to kids
and Chief Executive Officer Jan Patrick Schmitz said in a media release. "A jewelry creation inspired by mothers, the Montblanc Precious Heart necklace is a great opportunity to remember this very special woman in your life while supporting a very worthy cause."The necklace will be available at Montblanc boutiques and select retail jewelry stores in the United States and Canada beginning April 20.... |
Consumers need greater tanzanite exposure
...ation study finds that retail jewelry stores were the top source of consumer information among consumers who know tanzanite, with television shopping channels No 2.Sites, who thought most people knew of tanzanite from home shopping channels, was surprised at that particular finding. But he isn't surprised that 54.8 percent of respondents don't know which gemstone is December's birthstone, even tho... |
Family Centric Pendant - a valuable fashion piece
2.3 mm diamonds to represent the mother's eyes. Each pendant has a total carat weight of 0.4 The pendants are 1.5" long. Mark's pendant was recently featured on the Celebrity Baby Scoop website and received over 100 enthusiastic comments from the readers of the site. His pieces have also recently been carried in fine-art jewelry stores located in Grand Rapids, Michigan. Centric Designs LLC... |
US economy fuels gold rush
...shops or selling them back to jewelry stores. "It's terrific because it's a little bit intimidating to think about walking into a jewelry store, even though they may be heavily advertising it, and, you know, to someone that you don't know and turning over your valuables to them," said Pat Walsh, a 56-year-old retired store manager from Simsbury, Connecticut. Walsh went home with $286 after selling... |
World Jewelry Center gets its first close-up
...ee-standing gallery of retail jewelry stores meant to target middle-market consumers. The WJC also calls for an educational component that will include a museum. It is planned to open for business sometime in late 2009 or mid-2010."There is definitely a need in the jewelry trade for a visionary project that brings the world together in a one-stop shop," Boyajian, managing director, told attendees.... |
Warning issued in Denver for traveling jewelry salespeople
...ange Building or Cherry Creek jewelry stores prior to the robberies.* The robbers appeared on video following the victims for up to three days prior to the robberies.* The robbers drove numerous rental-style vehicles, including Dodge Grand Caravans, Chevrolet Impalas or Chevrolet Trailblazers while following the victims.* The robbers, men ages 20-40, numbered from three to eight and used knives or... |
Customer 'wish lists' prove versatile tools
... what I want!' My in-laws own jewelry stores in Tennessee, and that's what they run into all the time."In Fremont, Calif., June Sablan, owner of StoneWear jewelry, confirms that the wish list is an effective way to bring men into the equation--and to ensure that they'll buy something that the recipient will appreciate. Sablan says she encourages men and women to make lists for her to use in follow... |
Chinese diamond demand puts gleam back into gem trade
... for CHJ, which runs some 300 jewelry stores across China says it has seen an average of 30 percent growth per year since 1996, with demand steadily spreading nationwide away from affluent coastal areas."There are rich people everywhere in China now," he said.Chinese consumers have also been coveting larger stones.Wang Lan, a vice president of the DIAMEND jewelry chain says the percentage of Chine... |
Jewelers: Do you know what your position is?
...verall, when they think about jewelry stores. For some 37 percent of the respondents in the study, two words came to mind when they thought about jewelry stores: "overpriced" and "expensive." Combine that level of preconceived notion with your individual lack of a unique position in your own marketplace and you've got "trouble in River City."And that's exactly where most retailers and the overall ... |
Special Report: The State of the Majors 2009
...ly to focus on its standalone jewelry stores (Bailey Banks and Biddle, Carlyle and Co. and Congress Jewelers). However, more recent reports from the company have Finlay closing Carlyle's North Carolina headquarters and also planning to shutter at least 40 underperforming stores in its jewelry division.--Since May 2008, jewelry Television (JTV) has reduced its workforce from more than 2,000 to abou... |
Partnerships have jewelers minding brand's store
...bour, Fla., branded watch and jewelry stores have become ubiquitous, gaining new admirers but sometimes at the expense of alienating old friends.While some longtime retail partners welcome the extra brand exposure, others feel the brands have betrayed them by becoming local competitors.And yet as big-name brands continue to open and operate their own stores, a new model is emerging for manufacture... |
Study: Consumers still prefer brick-and-mortar jewelry stores
...t necessarily those involving jewelry. According to a new study from the jewelry Consumer Opinion Council (JCOC), 91 percent of JCOC members make purchases online, yet only 34 percent have purchased jewelry online.Of those who have never made an online purchase, 60 percent say they would consider buying something in cyberspace. The top three reasons for not making a purchase on the Web were: prefe... |
After tough holiday, jewelers down but not out
...w was especially ugly for the jewelry industry: Holiday sales fell for 80 percent of the retailers who participated in National Jeweler's exclusive 2008 Year-End Sales Survey.Still, jewelers reached customers in innovative ways and say they're hanging tough and hoping for relief by summer.While jewelers--and quite frankly, just about all retailers nationwide--were braced for a bitter end to 2008, ... |
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