ColumnistsJan 24, 2023
On Data: Here’s How Independent Jewelers Did in 2022 ColumnistsJan 31, 2023
Squirrel Spotting: How About a Word for the New Year?
It begins with a “t” and ends with a “c” and is imbued with warmth and positivity, Peter Smith writes.
Peter Smith is an industry consultant, speaker, sales trainer, and author. He can be reached via email at TheRetailSmiths@gmail.com.
I recently received an invitation for a catch-up Zoom call from my friend and author, Mark Ryski.
If you’re in retail and you don’t know Mark, you would do well to check out his books, “Conversion: The Last Great Retail Metric” and “When Retail Customers Count,” probably the best two books on customer conversion I’ve ever read.
Mark had sent me some possible meeting times and when I selected one, he responded using a word that brought a huge smile to my face and transported me to a different time and place.
We all understand the power of words, but we tend to think about that in the context of how we might offend someone by using the wrong ones. It is rare, for me at least, to have a single word become almost transcendent.
That is, however, what happened to me when I received Mark’s reply.
When I read the word, I was transported back to my Colibri days in the 1990s and a recently departed friend, Larry Feeney, a longtime jewelry guy who died in May 2021.
During the four years Larry and I worked together at Colibri, he would bound all over the building in Cranston, Rhode Island, always wearing a smile, and ready with a humorous quip for everyone he met.
Whether Larry knew it or not, one of the words that he used with reckless abandon, and which I always loved, was “terrific.”
Related stories will be right here …
If you’re in retail and you don’t know Mark, you would do well to check out his books, “Conversion: The Last Great Retail Metric” and “When Retail Customers Count,” probably the best two books on customer conversion I’ve ever read.
Mark had sent me some possible meeting times and when I selected one, he responded using a word that brought a huge smile to my face and transported me to a different time and place.
We all understand the power of words, but we tend to think about that in the context of how we might offend someone by using the wrong ones. It is rare, for me at least, to have a single word become almost transcendent.
That is, however, what happened to me when I received Mark’s reply.
When I read the word, I was transported back to my Colibri days in the 1990s and a recently departed friend, Larry Feeney, a longtime jewelry guy who died in May 2021.
During the four years Larry and I worked together at Colibri, he would bound all over the building in Cranston, Rhode Island, always wearing a smile, and ready with a humorous quip for everyone he met.
Whether Larry knew it or not, one of the words that he used with reckless abandon, and which I always loved, was “terrific.”
Everything seemed to be “terrific” to Larry, and as much as I always enjoyed hearing him use that word, I never managed to embed it into my own vocabulary.
For whatever reason, it never seemed to fit me the way it fit Larry, and before too long, I’d forgotten about it altogether.
Despite not working with Larry since 1996, we would occasionally meet up at various industry events, or during market week in Las Vegas.
Sometimes we’d just have a quick catch-up, crack a joke or two, and be on our way until the next unscheduled visit.
If the conversation was of any duration, however, I was almost certain to hear Larry use “terrific” in his speech, and it struck me the same way every time, “Jeez, that’s a word I need to use more!”
When Mark’s email came in and I read the word “terrific,” I thought of Larry and, once again, vowed to use the word more in my own speech. I mean, really, what’s the downside of saying “terrific” more?
Going forward, I’ve decided I will replace my New Year’s resolutions (I don’t much care for them anyway) with a word for the year.
And for 2023, that will be “terrific,” a strong word imbued with warmth and positivity. A word that means something special to me.
A word that invokes memories of friends past and possibilities yet to come.
Seems like a terrific idea.
Editors' Picks
Sponsored by
More on Columnists
The Latest
SourcingOct 02, 2026
De Beers, National Geographic Society Renew Okavango Eternal Partnership The partnership, a pledge to protect Africa’s Okavango River Basin, has been extended for an additional five years.
MajorsOct 02, 2026
Pandora Opens New $150M Manufacturing Facility in VietnamThe new facility, its first outside of Thailand, will boost its manufacturing capacity by 50 percent.
TrendsOct 02, 2026
Hearts On Fire Celebrates 30th Anniversary With Heart PendantThe special-edition “Dream” pendant, our Piece of the Week, was created to mark Hearts On Fire’s 30-year milestone with 30 diamonds.
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionExperience gemstones with greater precision and comfort than ever before.
CrimeOct 01, 2026
Police Looking for 4 Suspects in $600K Smash-and-Grab RobberyDubai Jewelers in Springfield, Virginia, was once again the target of an armed robbery.
Weekly QuizOct 01, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SurveysOct 01, 2026
Rolex Ranks Among Most Recommended Brands in US, Survey Says YouGov’s 2026 U.S. Most Recommended Brands report’s out, and a fast-fashion giant is sitting at No. 1 while Rolex is just shy of the top 5.
SourcingOct 01, 2026
Columbia Gem House Opens ‘Cutting Toward Change’ FundraiserProceeds from its jewelry raffle will benefit an organization working in India to combat silicosis, a lung disease affecting stone cutters.
Brought to you by
Your Piece Could Be the One Editors Talk AboutSubmit your pieces for a chance to win in this year's competition.
TrendsOct 01, 2026
Carolina Hurricanes’ Championship Ring Reveals Hidden Hockey Puck PendantThe rings, crafted by Jason of Beverly Hills, celebrate the hockey team’s Stanley Cup win with design elements that honor its traditions.
TrendsOct 01, 2026
Amanda’s Style File: October’s Color Range This roundup of birthstone jewelry for October features vibrant tourmalines and opals with personality.
SourcingSep 30, 2026
Botswana’s President, De Beers CEO Say Diamond Demand Is RecoveringPresident Duma Boko spoke at back-to-back events in the city last week, touting Botswana’s stability and the diamond “bounceback.”
CollectionsSep 30, 2026
Oscar Heyman’s Holiday Book Is ‘A Living Archive’ The catalog showcases 112 new, one-of-a-kind pieces amid highlights from the jeweler’s historic archive.
SourcingSep 30, 2026
Gemfields Posts $98.5M Loss, Writes Down Value of Ruby MineIts Montepuez Ruby Mining operation in Mozambique, which is not yielding enough high-quality rubies, has taken a $125 million hit.
SurveysSep 30, 2026
Consumer Confidence Falls to 12-Year Low in SeptemberThose surveyed were worried about the present and the future, with write-in responses mentioning high oil and gas prices.
Events & AwardsSep 30, 2026
Jewelers of America, JA New York to Host Networking EventThe event will take place on the evening of Oct. 26 in New York City.
IndependentsSep 29, 2026
Christy Bromberg, Longtime Gift Buyer for Underwood Jewelers, Dies at 68She is remembered for her joie de vivre, upbeat personality, genuine interest in other people, and love of the Alabama Crimson Tide.
AuctionsSep 29, 2026
Dionne Warwick’s Jewelry Goes Up for AuctionOnline bidding is open now for Julien’s sale of items owned by the “Walk On By” singer, whose final album comes out this fall.
Events & AwardsSep 29, 2026
Matt Stuller to Receive 2027 Gem Award for Lifetime AchievementThe founder and executive chairman of Stuller Inc. is being honored for his impact on the jewelry industry at the 25th annual Gem Awards.
AuctionsSep 29, 2026
If You Love Cats, This Jewelry Auction Is for YouCat ladies of the jewelry world, unite. Sandy Lerner’s collection of cat jewelry and other objects is going up for auction Wednesday.
CollectionsSep 28, 2026
De Beers London Drops Water-Inspired High Jewelry Collection“Vibrations” features several firsts for De Beers’ high jewelry, including the use of chalcedony and diamonds sourced from artisanal miners.
CollectionsSep 28, 2026
Jessica McCormack Turns to Classic Motif for New CollectionThe “Bows” collection features three interpretations of the bow motif designed with Georgian and Victorian influences.
Events & AwardsSep 28, 2026
Guy Borenstein, Troy Underwood Among the Professionals Honored at AGS Conclave 2026The American Gem Society recognized industry members, one Guild, and a law enforcement official for their contributions to jewelry.
FinancialsSep 28, 2026
Instappraise, Jewelers Mutual Look to Simplify Jewelry InsuranceThrough a new system integration, customers can now receive instant personal jewelry insurance quotes at the time of appraisal.
WatchesSep 25, 2026
Smaller Rolex Watches Showing Strength on Secondary Market, Data ShowsFive of the 10 fastest-appreciating Rolex models on Bob’s Watches were Datejust 31 or Lady Datejust watches.
MajorsSep 25, 2026
Sherwood Family Buys Back Daniel’s Jewelers from Private EquityThe Sherwood family and AJS Creations CEO Tejas Shah purchased the jewelry chain back from Palladium Equity Partners.
Lab-GrownSep 25, 2026
Brilliant Earth Collabs with Elizabeth Taylor Estate on Jewelry Collection“The Elizabeth Taylor Collection” uses lab-grown diamonds and gemstones in contemporary designs inspired by the icon.
TrendsSep 25, 2026
A Peek at Taylor Swift’s Game-Day DiamondsThe artist wore Dana Rebecca Designs’ marquise diamond-set gold hoops at the Chiefs game last Sunday. Now they’re our Piece of the Week.
