Stores need more than touch-up, need reinvention

J.C.Penney, Nordstrom, and Kohls showed disappointing first quarter in profits. In fact, all of them did worse than expected. On the flip side, Walmart and Target showed stronger earnings. Nordstrom pulled back on promotions to increase earnings and it back-fired. Sales dropped and profit expectations were slashed for the full year Each store has its…

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Christie’s Auction, E-Commerce, and Heart Shapes

Bubble gum pink diamond ring sold for $7.5 million. The diamond is 3.4 cushion cut and the color is so rich it looks like a child’s pink bubble gum. This is a natural pink stone without treatment, mind-boggling. The ring has pear-shaped pink and marquis cut white diamonds. The breakdown is $2.8 million a carat…

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Pan for gold in Houston, and Improvement for a jewelry store from a burger joint

Pine Forest Jewelry store already exists on Uvalde in Northeast Houston, but they will have an added event within the next year. Customers will be able to have an experience they will never forget, panning for gold.  We want to make Pineforest Jewelry in Houston a WOW Experience for every person who enters, said the…

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Breaking up Facebook, does this solve all the problems?

One of the co-founders of Facebook, Chris Hughes, has suggested that it be broken up. He stated that Facebook has become very powerful and its dominance poses a lot of dangers. His assessment is accurate and troubling at the same time but it does not address the most important dangers,  the flood of politically divisive…

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Weekend news in retail and jewelry

The FTC has issued more guidelines to jewelers who are advertising lab diamonds. “Describing simulated or laboratory-created diamonds merely as diamonds, without more, would likely convey the false impression to consumers that they’re buying mined diamonds. Using a brand name that includes the word diamond, without qualifying your claim with a clear explanation, would present the same…

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End of the week news in retail and jewelry

For the first time, radiocarbon age dating is being used on a freshwater pearl that is going to the auction block at Christi’s in Geneva on May 15, 2019. Swiss Gemmological Institute SSEF used radiocarbon age-dating to pinpoint the provenance of the historic Ana Maria Pearl. The carbon- 14 analysis revealed that the 30.24-carat saltwater…

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