Finding underscores precarious state of most jewelers’ exit plans.
As for life lessons, “Embrace the unpredictability,” jewelers tell the 2021 Big Survey.
Japanese maker tops poll for fourth straight year; Rolex falls out of top 3.
But some feel rich all around.
More than 50 percent of jewelers continue to stock watches, but the trend is down amid surging Apple Watch sales and Rolex supply-chain shortages, according to...
Nearly 60 percent of jewelers said that the pandemic made them “stronger,” according to the INSTORE 2021 Big Survey.
They're unlikely to be working.
The top three remain the same from the last three years.
Hiring new staff has created the “most grief” in the post-lockdown economic rebound, according to jewelers in the INSTORE Big Survey 2021.
Asked what business cuts during the pandemic have hurt the least, jewelers told the INSTORE 2021 Big Survey that hours were the winner.
Some pandemic behaviors continue to be the norm for jewelers, according to the INSTORE Big Survey 2021.
But the mood is generally upbeat.
Most don't believe lab-grown diamonds are “symbolically” as good as natural diamonds.
“Fewer store hours hasn’t hurt us."
But for some, selling ideas to staff or to family and friends is tougher.
They also cite new tools, online sales and better margins.
74. In what state is your (main) store located? 75. Where is your store located by region? 76. How many stores do you operate? 1 88%...
62. How much do you expect a sales associate in your store to be able to sell in a normal year? Up to $200,000 38% $200,000-$300,000...
55. At about what age do you plan to retire? Before I’m 45 0% 45-54 2% 55-59 5% 60-64 11% 65-69 23% 70-75 23% After 75...
45. What is your gender? | 46. What’s your race or ethnicity? Note: In the last five years, the jewelry industry has become a little more...
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