After eight years, Gilbertson is leaving his post at the mining company, which is currently facing a slew of operational challenges.
NRF: 2015 Holiday Sales Up 3 Percent
Weather, inventory challenges and deep discounts were factors retailers had to grapple with as they competed with each other and their own bottom line.
Washington--The National Retail Federation wasn’t far off when it estimated in October that holiday sales for the 2015 season would increase 4 percent--the organization revealed Friday that retail sales climbed 3 percent year-over-year, to a total of $626.14 billion.
The NRF said December retail sales (excluding automobiles, gas stations and restaurants) fell 0.2 percent seasonally adjusted from November, yet increased 3 percent un-adjusted when compared with the same period in 2014.
“Make no mistake about it, this was a tough holiday season for the industry,” NRF President and CEO Matthew Shay said. “Weather, inventory challenges, advances in consumer technology and the deep discounts that started earlier in the season and that have carried into January presented stiff headwinds as retailers competed with one another and their own bottom line.”
He added that while some will attempt to diminish this positive outcome, the 3 percent increase actually is “solid growth,” and shows that retailers can respond successfully to a changing and challenging sales environment.
The NRF reported in October that it expected retail sales in November and December to reach $630.5 billion, but it noted that Americans would be torn between their desire and their ability to spend, having the economy on their minds.
“A double whammy of deflation and December weather constricted holiday sales growth as well as consumer spending,” NRF Chief Economist Jack Kleinhenz said. “The results of December’s retail sales remind us just how significant of an impact unusual weather can have on retail and overall economic activity.”
Statistics on retail sales from the U.S. Commerce Department showed results that were similar, though not exactly the same. Figures released by the department also showed a 0.2 percent seasonally adjusted decrease in December, but an increase of only 2.2 percent un-adjusted year-over-year.
The Latest

The new location is set to open this winter, featuring the retailer’s first rotating jewelry designer residency.

The pop artist appears in the latest campaign for the “Laurence Graff Signature” collection.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

One-of-a-kind pearls take the shape of ice cream cones, frogs, submarines, and other imaginative charms.


Charlotte Rose said her election is “a sign that this is an industry capable of change.”

Sponsored by Rio Grande Jewelry Supply

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

The American jewelry house, founded by Latvian immigrants, has been creating American flag brooches since 1917.

The artwork celebrates the Atlanta jeweler’s legacy and symbolizes its commitment to supporting local artists and its community.

Its team can evaluate jewelry and watches, as well as luxury handbags, artwork, and collectibles.

The new offering comprises more than 120 bridal and engagement ring styles with natural and lab-grown diamonds.

The clock is part of the celebration for the soon-to-open Rolex headquarters on New York City’s Fifth Avenue.

The public relations professional is remembered for her benevolent generosity and unwavering commitment to those around her.

The new watch commemorates Pokémon’s 30th anniversary.

The luxury retailer is now called Exemplar Luxury Group.

The “Lady” collection is a new take on old beauty standards with gemstone-adorned hair pins and combs, a compact mirror necklace, and more.

The new line is included in the e-tailer’s curation of jewelry celebrating America’s 250th anniversary.

All active members who earned their credential or designation before Dec. 1, 2025, are required to recertify.

The new jewelry collection uses a colorful palette of onyx, malachite, tiger’s eye, mother-of-pearl, lapis, turquoise, and coral.

Lee Michaels Fine Jewelry is celebrating 30 years in the Ridgeland, Mississippi community.

Sean Milliner has joined the company.

Classes will begin in August at GIA’s new Canary Wharf location.

A ring set with “hogback” diamonds, an early stone cut dating to around the 16th century, sold for more than $20,000 at a U.K. auction.

The rainbow version of the ring, our Piece of the Week, features angel-cut, octahedral lab-grown sapphires designed to be worn as armor.

The new initiative donates a portion of the proceeds from select charms to charitable causes.

The Brooklyn-based jeweler created a limited-edition version of its “Aura” eternity band, set with gemstones in the team’s colors.





















