It provides a playbook for retailers who are considering retirement.
Plus: something to think about.
Your competition is not just other jewelers.
Stores are continuing to battle a headwind with margins.
It doesn't happen by chance.
The selling price, and ultimately the margin and profit you make from a piece of jewelry, can be a cause of angst for many jewelers. Bottom...
It's quick, easy and highly effective.
It's time to ask the five "W" questions.
How do your colored-stone sales and average price compare to similarly sized stores?
Your inventory goal? More of the stuff that is good for your business; less of everything else.
There's a key factor that sets it apart.
It’s no time to be complacent.
Is this the beginning of stabilization in average sale/units sold?
Stores are seeing reduced sales unit volume but increased average sale.
Measure these areas to determine your marketing effectiveness.
12-month rolling sales are up.
It’s very easy to have a business become an all-consuming lifestyle that you eat, sleep and breathe. Remaining detached from your business can be a challenge,...
‘The rich continue to get richer.’ Our store comparison data showed some positive signs for October. The monthly average sales result per store came in at $107,836...
At some point, you’ll likely sell your business. Whether it’s to a family member, a staffer or someone else on the open market, your business needs...
Here are some ideas for solving the problem.
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