New York–An update on how many jewelry businesses called it quits in the third quarter and how retailers did over Thanksgiving weekend were among National Jeweler’s most-read stories last week.
1. More Than 300 Jewelers Went Out Of Business in Q3
According to the latest data from the Jewelers Board of Trade, a total of 400 U.S. and Canadian jewelry businesses called it quits in the third quarter: 318 retail jewelers/repairers, 57 wholesalers and 25 manufacturers.
2. Holiday Season Off to a Strong Start, Jewelers Say
Following Black Friday weekend, 12 retailers shared their weekend results, thoughts on the election and predictions for the holiday season ahead.
3. Calif. Jeweler Pleads Guilty in Scam Targeting Marines
Randy Abalkhad, the former owner of Romano’s Jewelers stores, pleaded guilty to charges of identity theft and fraud in a California court last week.
4. Marketing Minute: For Best Results, Plan
Marketing expert Jim Ackerman writes that jewelers should get rid of their “throw-it-at-the-wall-and-see-if-it-sticks” approach to marketing in favor of this five-part plan.
5. See the New Tiffany Holiday Windows
The jeweler has unveiled its holiday windows at the Fifth Avenue flagship, this year paying homage to the magic of Christmas in New York.