03302017Thu
Last updateWed, 29 Mar 2017 1pm

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NRF forecasts retail sales will increase 3.7- 4.2 percent over 2016

retail sales increase e(WASHINGTON, D.C.) - The National Retail Federation (NRF) released its economic forecast for 2017 last week, projecting retail industry sales, which exclude automobiles, gasoline stations and restaurants, will grow between 3.7 and 4.2 percent over 2016. Online and other non-store/online sales, which are included in the overall number, are expected to increase between 8 and 12 percent.


Jewelers of America opens 2017 Scholarship enrollment

Scholarships available for JA’s Bench Professional Certification & other educational providers

JA

(NEW YORK) - Jewelers of America (JA), a national trade association for businesses serving the fine jewelry marketplace, has opened the 2017 enrollment period for its scholarship program, which is open to members of JA, on renowned industry diploma, professional development and certification programs. JA awards scholarships during the enrollment period from February 1, 2017, through September 30, 2017.

Do diamonds really come from coal?

diamonds come

Many people believe that diamonds are formed from the metamorphism of coal. That idea continues to be the "how diamonds form" story in many science classrooms.

It's easy to see where the idea came from, though. Diamonds and coal are both, at their base, different forms of the element carbon (C on the periodic table). And yes, pressure is a key part of what turns decaying carbon-based life forms such as plants into coal, as well as what turns carbon into diamonds. But the reality is just a little bit more complex than Superman's super-strength.

First of all, let's look at the chemical compositions of these two forms of carbon. Diamonds are essentially pure carbon formed into a crystalline structure. The rarer, colored diamonds do contain minor impurities (boron, for example, makes diamonds blue, while nitrogen turns them yellow), but those impurities exist on a scale of just one atom in a million.

Can Lady Gaga save Tiffany & Co.?

Lady GagaRAPAPORT... The diamond and jewelry industry has long since lost its cutting edge. As such, Tiffany & Co.’s decision to partner with Lady Gaga on Super Bowl night should be applauded as a bold move that will resonate with consumers across the globe. 

Study finds mobile investments pay off in evolving retail landscape

mobile investments e(WASHINGTON, D.C.) - Amid a seismic shift in how U.S. consumers shop, retailers are vying for time on their customers’ screens across all their devices - before, during and after a purchase. That is according to The State of Retailing Online 2017: Key Metrics, Business Objectives and Mobile report, released by the National Retail Federation’s Shop.org division and Forrester.

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