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Two Merchandise Categories Create A Significant Retail Opportunity

The Plumb Club podcasts for July help retailers understand new revenue streams.

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Two Merchandise Categories Create A Significant Retail Opportunity

(PRESS RELEASE) NEW YORK – Emerging phenomena and cultural shifts are creating new and augmented revenue streams at retail, according to The Plumb Club research. The Plumb Club’s Podcasts for July help retailers gain valuable insight into two of these merchandise categories, as well as providing advice and actionable tips. The podcasts are available in the “Listen” area of the Jewelers Resource Center along with an extensive library of other retailer dedicated topics.  

5 Key Insights into the Lab Grown Phenomenon: On behalf of HK Designs, George Prout takes the listener on a journey through the state of affairs on the supply side of lab grown diamonds and what appears to be happening on the consumer side. He discusses the trends in the category and provides insight and tips that will help retailers navigate the the market and category. HK Designs is a vertically integrated company known for pioneering innovations and creating cutting edge designs. They supply an extensive range of diamond and gemstone jewelry to retailers around the world, including a lab grown diamond division called Craft Lab Grown Diamonds.

The Growing Market for Men’s Jewelry: On behalf of Diamour, Cheryl Kremkow looks at the market forces and top trends that are driving major growth in the men’s jewelry category. She provides insights and tips on how retailers can merchandise and market men’s jewelry to take advantage of the significant surge in demand. Diamour is a family-owned, multinational diamond jewelry organization and a leader in product development and design. Their expansive line includes bridal rings, fashion rings, bracelets, necklaces, pendants, earrings, and men’s rings. 

The Plumb Club podcasts, which are added monthly, provide strategies, knowledge and immediately actionable steps from industry leaders, that help retailers across a variety of business areas. The newest podcasts, as well as previous ones, are available in the “Listen” area at the Jewelers Resource Center here or on The Plumb Club website under “Resources”: here

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Alex and Gladys Rysman are the third generation to run Romm Jewelers in Brockton, Mass. And after many decades of service to the industry and their community, it was time to close the store and take advantage of some downtime. With three grown children who each had their own careers outside of the industry, they decided to call Wilkerson. Then, the Rysmans did what every jeweler should do: They called other retailers and asked about their own Wilkerson experience. “They all told us what a great experience it was and that’s what made us go with Wilkerson.” says Gladys Rysman. The results? Alex Rysman says he was impressed. “We exceeded whatever I expected to do by a large margin.”

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