The highlight of a single-owner jewelry and watch collection, it’s estimated to fetch up to $7 million at auction this December.
NRF: 164M+ Consumers Expected to Shop Thanksgiving Weekend
If the number holds true, though, it would be a decrease from last year’s reported 174 million.

Washington—More than 164 million people are planning to shop over Thanksgiving weekend, according to a survey released from the National Retail Federation and Prosper Insights & Analytics.
Conducted from Oct. 29 to Nov. 7, the survey asked 7,516 consumers about their shopping plans for Thanksgiving Day, Black Friday, Small Business Saturday, Sunday and Cyber Monday.
If this year’s estimate of 164 million shoppers out during those days holds true, it would be a decrease from the final number—174 million—that the NRF reported after the weekend concluded last year.
This year, not surprisingly, Black Friday is predicted to remain the busiest shopping day of the long holiday weekend, with an estimated 71 percent of consumers, or 116 million people, indicating they plan to shop on the day, the NRF said.
Meanwhile, 46 percent, or 75 million, will take advantage of online deals on Cyber Monday, 41 percent (67 million) are expected to shop on Small Business Saturday—with 78 percent of those saying they will do so specifically to support their local small businesses—21 percent (34 million) are predicted to shop on Thanksgiving Day, and 20 percent (32 million) said they will shop on Sunday.
Of those who said they will shop over the holiday weekend, 65 percent said they’ll take advantage of deals and promotions, while 26 percent said it has to do with the tradition of shopping over Thanksgiving weekend, 23 percent said it’s something to do over the holiday weekend and 23 percent said it’s when they start their holiday shopping.
Interestingly, the NRF also noted a “change in how the younger consumers see the weekend,” Prosper Insights Executive Vice President of Strategy Phil Rist said.
“Compared to older generations, younger consumers under the age of 35 are more likely to be attracted by the social aspects of shopping over the weekend or by the fact that it is a family tradition.”
The Latest

CEO Efraim Grinberg noted a resurgence in the fashion watch market.

The “Bullseye” necklace, with vintage bakelite and peridot, August’s birthstone, is the perfect transitional piece as summer turns to fall.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

Sponsored by Clientbook


It will classify lab-grown stones into one of two categories, “premium” or “standard,” in lieu of giving specific color and clarity grades.

President Duma Boko addressed the country’s medical supply chain crisis in a recent televised address.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Former Free People buyer Afton Robertson-Kanne recently joined the retailer.

The jeweler teamed up with two local organizations for its inaugural “Back to School and Bling” event.

The singer’s new bling, reportedly a natural old mine-cut diamond, is no paper ring.

Dubbed the “Imboo,” or “buffalo,” emerald, the rough gemstone is part of Gemfields’ latest emerald auction, which is taking place now.

The “Play” collection centers on nostalgic toys that have kinetic elements to carry playfulness and wonder into adulthood.

Designer Christina Puchi, the creative force behind CCWW Designs, has created charms and pendants based on iconic candies and crackers.

The Jonas Brothers star showed off new timepieces against the backdrop of his favorite spots in his home state of New Jersey.

The family-owned jeweler in Fayetteville, North Carolina, is in the hands of the second generation.

In his latest column, Emmanuel Raheb shares tips for encouraging customers to treat themselves to new jewelry.

The new stand-alone Rolex boutique is housed in the former Odd Fellows Hall, a landmark built in 1897.

The Brilliant Earth ambassador co-designed a diamond medallion featuring meaningful symbols.

Wrap jewelry is more than just a trend; it’s the perfect motif for the coming season of layering, scarves, and pumpkin spice.

The three-day watch collector show, coming this October, will feature 44 exhibiting brands, as well as a new dinner experience.

Sriram “Ram” Natarajan is now GIA’s senior vice president of laboratory operations and is based out of the lab’s headquarters in Carlsbad.

The one-of-a-kind collar represents the beauty of imperfection and the strength to rebuild.

Three C-suite executives, including former CEO Tom Nolan, have resigned as part of what the company describes as a “transition.”

The retailer, which recently filed Chapter 11, inked a deal to sell its North American business and intellectual property.

Target CEO Brian Cornell will step down in February and be replaced by the company’s chief operating officer, Michael Fiddelke.

The group met with the president's senior trade advisor earlier this week to express the industry’s concerns about the effects of tariffs.