06242018Sun
Last updateTue, 19 Jun 2018 9pm

Featured Articles

Not for the faint-hearted: Ira Savoie loves the lively challenge of jewelry appraising

Not for the faint-hearted: Ira Savoie loves the lively challenge of jewelry appraising

For the past 17 years, Ira Savoie has been appraising jewelry of all sorts for the people of New Orleans and beyond. Sometimes, it’s business as usual at his appraisals-while-you-wait studio; other times things get animated as he delivers an unwelcom...

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What's New

AWDC announces “revolution in diamond polishing process”

AWDC announces “revolution in diamond polishing process”

(ANTWERP) - The Scientific and Technological Research Center for Diamonds (WTOCD) is the collective research center of the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry. The WTOCD has announced they ha...

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On The Move

Time Delay marks 40 years of crafting custom enhancements for one-of-a-kind watches

Time Delay marks 40 years of crafting custom enhancements for one-of-a-kind watches

(DALLAS) - Time Delay Corporation is celebrating 40 years in the time-honored tradition of offering its independent jewelers exactly what they need: the latest and finest in custom dials, bezels and bracelets at competitive prices, along with custom d...

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Industry Events

GIA’s New York Jewelry Career Fair slated for July 13

GIA’s New York Jewelry Career Fair slated for July 13

Event offers job opportunities, career coaching, networking and more

(NEW YORK) - Leading networking event for the gem and jewelry industry, GIA (Gemological Institute of America) Jewelry Career Fair , returns to New York City on Friday, July 13. Whether...

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Other News

May retail sales increased 5.6% over last year as economy continues to grow

(WASHINGTON) - May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation reported. The numbers exclude a...

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Latest News

May retail sales increased 5.6% over last year as economy continues to grow

4 DAYS AGO

(WASHINGTON) - May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation reported. The numbers exclude automobiles, gasoline stations and restaurants.

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IDEX reports China cuts tariffs on 18 jewelry categories

4 DAYS AGO
IDEX reports China cuts tariffs on 18 jewelry categories

(IDEX Online) – China will be slashing import taxes on jewelry, as part of tariff reductions on a wide range of consumer goods, as of July 1.

The Customs Tariff Commission of the State Council in China issued the "Notice on Reducing the Import Tariffs of Daily Consumer Goods" last week. According to ...

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GIA’s New York Jewelry Career Fair slated for July 13

4 DAYS AGO
GIA’s New York Jewelry Career Fair slated for July 13

Event offers job opportunities, career coaching, networking and more

(NEW YORK) - Leading networking event for the gem and jewelry industry, GIA (Gemological Institute of America) Jewelry Career Fair , returns to New York City on Friday, July 13. Whether you are looking to join the incredible gem and je...

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Thai jewelry sparkles at DITP Roadshow at JCK Las Vegas to promote 62nd Bangkok Gems & Jewelry Fair

4 DAYS AGO
Thai jewelry sparkles at DITP Roadshow at JCK Las Vegas to promote 62nd Bangkok Gems & Jewelry Fair

(l-r) Sritala Sutapak, Deputy Director, Thai Trade Center Los Angeles; Boonkij Jitngamplang, President of Thai Gem and Jewelry Traders Association (TGJTA); Dr. Gaetano Cavalieri, President of CIBJO; Kwannapa Phivnil, Executive Director, Thai Trade Center Los Angeles; and Rung Julius Zheng, Vice Pres...

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Time Delay marks 40 years of crafting custom enhancements for one-of-a-kind watches

11 DAYS AGO
Time Delay marks 40 years of crafting custom enhancements for one-of-a-kind watches

(DALLAS) - Time Delay Corporation is celebrating 40 years in the time-honored tradition of offering its independent jewelers exactly what they need: the latest and finest in custom dials, bezels and bracelets at competitive prices, along with custom diamond enhancements for most pre-owned, precious t...

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Sissy’s Log Cabin names Lamar McCubbin new president

11 DAYS AGO
Sissy’s Log Cabin names Lamar McCubbin new president

Arkansas’s largest independently owned jewelry store promotes new president from within

(LITTLE ROCK, Ark.)  - Sissy’s Log Cabin has announced the promotion of Lamar McCubbin to president. An industry veteran with more than 25 years experience, McCubbin has worked with the brand since 2014. With ...

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AWDC announces “revolution in diamond polishing process”

4 DAYS AGO
AWDC announces “revolution in diamond polishing process”

(ANTWERP) - The Scientific and Technological Research Center for Diamonds (WTOCD) is the collective research center of the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry. The WTOCD has announced they have developed a revolutionary technology that fully...

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Breaking the rules of engagement, Helzberg Diamonds introduces the “Will You?” Ring

4 DAYS AGO
Breaking the rules of engagement, Helzberg Diamonds introduces the “Will You?” Ring

Couples have new way to propose and then select “the” ring together

(KANSAS CITY, Mo.)  - Many couples dream of that moment when one partner gets on bended knee and asks the big question with a small box - but what if their partner doesn’t love the ring inside? Enter Helzberg Diamonds and The “Wi...

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The Marketing Minute: Trend Spotting

8 MONTHS AGO

Marketing specialist George Prout produces a weekly marketing advice video for retail jewelers, The Monday Morning Marketing Minute. He’s generously agreed to let us share them with our eWeekly readers.

 

Click here  to see more of George Prout’s The Marketing Minute

 

 

 

 

 

 

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The Marketing Minute: Pricing Strategy

8 MONTHS AGO

Marketing specialist George Prout produces a weekly marketing advice video for retail jewelers, The Monday Morning Marketing Minute. He’s generously agreed to let us share them with our eWeekly readers.

 

Click here  to see more of George Prout’s The Marketing Minute

 

 

 

 

 

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NRF forecasts 0.5% decline in retail sales for 2009

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Deep Recession Should Finally Give Way to Second Half Growth

(WASHINGTON) - The National Retail Federation (NRF) has released its 2009 economic forecast, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will decrease 0.5% from last year. According to its quarterly Retail Sales Outlook report, NRF sees more challenges ahead as consumers continue to shift their spending priorities.

"Most of the consumer behavior we saw in 2008 will continue well into this year," said NRF Chief Economist Rosalind Wells. "Shoppers will be seeking value and trading down to discount and off-price retailers in order to stretch their purchasing power."

The first half of the year will see a continuation of the weakness that was felt in most of 2008. First half sales are expected to decline 2.5 percent. There will be some improvement in the third quarter with sales decreasing 1.1 percent. In the fourth quarter, sales are expected to improve 3.6 percent due to easy comparisons to last year as well as a strengthening economy.
For more information please visit www.nrf.com.


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