Post subject: JCK reports on Hearts on Fire moving into retail
Posted: Fri May 25, 2012 2:07 pm
Gold Member
Joined: Sat Sep 29, 2007 8:14 pm Posts: 1383 Location: Royal Oak, Michigan US
I understand that posting in the 'Diamonds' section of GO is unlikely for me, but I found this quite interesting reading. And interesting to see how this will affect jewelry stores around the US and elsewhere. So who's next?
In 1982 when I first joined Jewelers Board of Trade, I added up that there were just over 48,000 retail jewelry locations in the US. This included stores within a store as one would see inside Macy's or other full line retailers. In 2010, I added up roughly 23,000 retail jewelers. Quite a depreciation, with many factors along the way.
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