Rings, necklaces, and watches are often timeless for consumers. When a person buys jewelry, there is no telling how long it will remain in their family. Similarly, demand for jewelry and jewelry stores will likely have no end. As such, buying, expanding, or launching...Read More »
The jewelry industry has struggled to increase revenue and profit levels over the past several years. This is a result of various factors including extreme competition and rising gold and silver prices. Moving forward, we can expect these conditions to improve....Read More »
In recent years, the jewelry store industry has suffered from intense external competition. This has led to small jewelry stores ceasing operations or merging with others. Additionally, marriage rates are declining and the price of gold is increasing. Both of these...Read More »
While jewelry stores initially took a hit at the start of the pandemic, that soon changed. Because people were not spending money on travel, they started spending money on jewelry. This increased the demand for jewelry at rapid rates. With the jewelry industry being...Read More »
The jewelry store industry includes businesses that sell new jewelry, new sterling and plated silverware, and new watches and clocks. These businesses in addition to selling new jewelry may also provide engraving or repair services. In the United States, there are...Read More »
