Local reports identified the woman as the wife of the jewelry store owner.
Here’s How Consumers Plan to Shop This Holiday Season
According to a survey from NPD, more shoppers intend to patronize brick-and-mortar stores than last year.
Port Washington, N.Y.—The NPD Group polled a group of consumers to gauge their holiday 2018 shopping plans, and participants indicated more interest in brick-and-mortar shopping than last year.
A total of 3,605 people in the United States completed the “Holiday Purchase Intentions Survey.”
Unsurprisingly, 77 percent of survey-takers said they would do some of their holiday shopping online.
But notably, six out of 10 people said their shopping plans included in-store shopping at brick-and-mortar retailers, a 3 percent increase from last year. Forty-two percent indicated they would patronize mass merchant and discount stores, 24 percent said they would shop at national chains and 23 percent at department stores.
“While their sales are growing, retailers selling primarily online shouldn’t rest on their past success,” said The NPD Group’s Chief Industry Advisor Marshal Cohen. “They have to continue to create and find ways to close the deal more effectively and reduce the number of digital shopping carts abandoned before the final sale is completed.”
The NPD advised that retailers continue to emphasize creating the best omnichannel retail experience possible, particularly since product research happens primarily online, rather than on TV or in magazines and catalogs.
Cohen continued: “The traditional division between online and in-store retailing continues to shift and blur. Traditional store retailers are upping their online games these days, while they are also finding ways to drive traffic to stores with improved efficiency, more entertaining shopping experiences and better value.
“Online retailers are also finding ways to blur the retail divide in their own ways, offering lower prices and shipping options that get products to consumers faster than ever.”
When it comes to online shopping options, survey participants listed Amazon, which is still primarily an online-only company, as the top destination and 70 percent said their shopping would include online-only businesses.
More than half of consumers polled said they would research gifts before purchasing on Amazon.com, while 37 percent said they would look at consumer reviews and another 37 percent said they would find information via search engines.
“Where shoppers make their buying decisions is a critical step in the holiday shopping process,” Cohen said. “Product research increasingly happens online, first at major shopping sites and on social media, these days. TV, magazines and catalogs are far less important than they once were.”
Brick-and-mortar-only shoppers indicated they planned to spend an average of $492 this year, while
The Latest
A collection of pieces owned by Ferdinand I, the first king of modern Bulgaria, and his family, blew away estimates in Geneva last week.
The Australian jewelry box brand’s new West Village store will showcase new jewelers each month through its Designer in Residence program.
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
“Lovechild” was created in partnership with Carolyn Rafaelian’s Metal Alchemist brand.
Hampton discussed how Helzberg is improving the customer experience and why it was inspired by the company formerly known as Dunkin’ Donuts.
The group will host several curated events and an exhibition of designer jewelry made with Peruvian gold traceable to the miners’ names.
This fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
The collection honors the 50th anniversary of Dolly Parton’s “Love is Like a Butterfly” song, which shares a birth year with Kendra Scott.
This year’s theme asks designers to take inspiration from classic fairy tales.
Senior Editor Lenore Fedow makes the case for why more jewelers should be appealing to nerds at the annual event.
The latest “Raiz’in” drop showcases a newly designed “Scapular” necklace and donates a portion of the proceeds to Make-A-Wish France.
No. 1 out of 100, the timepiece was created to mark Citizen’s 100th anniversary and will be auctioned off at Sotheby’s next month.
On the latest episode of “My Next Question,” two experts share best practices for store security during the holidays and year-round.
Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.
Instead of its usual elaborate display, the store will illuminate its façade and frame the windows to highlight its flagship’s architecture.
The new Grand Seiko boutique is located in Honolulu’s Waikiki neighborhood.
Eleven spots are available for travelers to visit Northern Tanzania and Southern Kenya from July 25 to Aug. 4.
The emerald brooch-turned-pendant returned to auction after 55 years, setting a world record for most expensive emerald sold at auction.
Phillips also sold a 1.21-carat fancy red diamond dubbed the “Red Miracle” for more than $1 million at its jewelry auction in Geneva.
From Swarovski to Tiffany & Co., jewelry retailers are enlisting celebrities to highlight their holiday offerings.
The 2024-2025 book introduces hundreds of new designs.
Richemont’s jewelry sales ticked up 2 percent in the first half of the year, while watch sales plummeted 17 percent.
Offered by the lab since 2016, the holiday season special is good from now through mid-December.
The “Mikimoto Chrome Hearts” jewelry brings pearls from Mikimoto together with distinctive motifs from Chrome Hearts.
These earrings use flat-backed white quartz to create a window onto an antique ribbon embroidered with a floral design.
This year’s AGTA Spectrum & Cutting Edge Awards included a new category for engagement rings and a new award highlighting female designers.