The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
ComScore: Online Spending Up Across the Board
This year’s Cyber Monday sales surpassed $3 billion, making it the heaving online spending day in history and helping to boost numbers for the holiday shopping season to date.
Reston, Va.--Cyber Monday is proving to be an increasingly popular shopping day, as total digital spending reached $3.11 billion this year, up 21 percent when compared with 2014.
Digital analytics firm comScore reported this week that Cyber Monday 2015 was not only the heaviest online spending day in history, but the first day of the 2015 holiday shopping season on which sales surpassed $2 billion. Black Friday, predicted to be the most lucrative sales day of the season overall, brought in $1.66 billion online, a 10 percent year-over-year increase.
“Despite some talk of Cyber Monday declining in importance, the day’s historical highs and continued strong growth rates confirm it is still a hugely important shopping event,” comScore Chairman emeritus Gian Fulgoni said.
RELATED CONTENT: 3 observations about Black Friday weekend
Amazon was the most-visited retail property on Cyber Monday, followed by Walmart, eBay, Target and Best Buy. Device-wise, most shopping was done via desktop computer ($2.28 billion) versus mobile device ($838 million).
For the holiday season to date--Nov. 1 to Dec. 1--a total of $27.89 billion has been spent online, a 6 percent increase over the corresponding days in 2014.
The weekend after Thanksgiving also reached a milestone this year, as the period recorded its first billion-dollar online shopping day on Sunday. Saturday sales hit the $1 billion mark for the second year in a row. Together the holiday weekend (Nov. 28 and 29) brought in $2.17 billion, year-over-year growth of 8 percent.
Spending for the five-day period from Thanksgiving through Cyber Monday also saw an increase as well, from $6.56 billion in 2014 to $7.2 billion in 2015.
ComScore’s analytics also show that consumers are still shopping, and spending more, on Thanksgiving Day. Sales were up 9 percent this year and topped $1 billion.
“What is clear is that the consumer economy is still healthy, and it’s looking optimistic that the success of Black Friday weekend and Cyber Monday will carry on throughout the rest of the season,” Fulgoni said.
The Latest

The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

The addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.

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

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.


The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

The jeweler’s largest store yet is set to open in Little Rock next fall.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.