Shoppers are expected to spend a record high of $35.7 billion on Mother’s Day gifts this year, according to the National Retail Federation.
Jewelers of America wants to know for its new study, which will be used to update its “Guide to Careers in the Jewelry Industry.”
The statement came as the National Retail Federation released its retail sales forecast for 2023.
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From dwindling savings to the growing resale market, here’s what National Retail Federation experts want retailers to know about shoppers.
Wariness about the year ahead offset a more positive view of the current economic situation.
The NRF’s annual survey shows that consumer attitudes about how, or even whether, to celebrate Feb. 14 continue to evolve.
More than 130 Made in Italy Manufacturers will be exhibiting at JCK Las Vegas and Couture under the Extraordinary Italian Jewelry banner.
Holiday sales fell short of the National Retail Federation’s expectations, rising only 5 percent year-over-year.
Shoppers’ interest may shift to services over big-ticket items in 2023, said economist Lynn Franco.
Plus, what a potential rail strike would mean for retailers.
The most trusted diamond report, available in print or the GIA App.
Plus, how inflation and winter weather could impact holiday spending.
From inflation concerns to in-store shopping, KPMG’s latest holiday survey dives into when, where, and how consumers want to shop.
Plus, what economists are saying about consumer spending and a possible recession.
U.S. consumer confidence rose for the second consecutive month as gas prices fell.
Holiday retail sales are expected to be up 4 to 6 percent, compared with 15 percent growth in 2021.
Falling gasoline prices and efforts to fight inflation contributed to climbing consumer confidence.
Plus, National Retail Federation Chief Economist Jack Kleinhenz shares his thoughts on inflation and a possible recession.
Rising prices and interest rate hikes are expected to weigh on consumer spending and economic growth over the next six months.
Plus, a look at what shoppers want from retailers and why a remodel may not be in the cards.
The jewelry and watch market is expected to see more moderate growth this year compared with 2021.
The economy is moving from “extremely strong” to “moderate” growth, said NRF Chief Economist Jack Kleinhenz.
Stories on celebrity engagements and engagement ring trends attracted a lot of readers, as did articles about Alrosa and Betty White.
Retail ounce sales were up 23 percent year-over-year in Q1, according to the recent Platinum Jewellery Business Review.
From a slowdown in sales growth to rising costs, Fruchtman Marketing outlines its expectations for the second half of the year.
Full-year watch and jewelry sales are still expected to rise, but not quite as sharply as last year.
The Consumer Confidence Index dipped in April, but U.S. consumers remain “cautiously optimistic” overall, The Conference Board said.
According to a National Retail Federation survey, 41 percent of consumers are predicted to give jewelry as a gift this year.
PGI said its U.S. partners recorded their best performances in 2021.
Here’s which factors influence—and which don’t—their purchasing decisions.
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