The organization shared its predictions on how much consumers will be spending and on whom.
Retail sales also were up about 4 percent for the full year.
Peter Smith is optimistic, particularly for jewelers who do these three things well.
Sherry Smith breaks down the final results for the month of December as well as for the full year.
It comes at a seemingly perfect time for the company, as watches are “hot” right now, says Citizen Watch America President Jeffrey Cohen.
Sherry Smith breaks down the numbers on jewelry sales in November and reveals the category that “emerged as a standout.”
From Thanksgiving through Cyber Monday, 200.4 million consumers shopped online and in stores.
Though consumers have started holiday shopping earlier, the organization still predicts a busy Thanksgiving weekend for retailers.
From showing three items to asking the big question, Peter Smith gives tips for promoting a positive sales atmosphere this holiday season.
Sales will increase compared with last year, though the rate of growth is expected to slow.
From customers being robbed to post-pandemic trends, National Jeweler polled jewelers to find out what’s worrying them most.
From fine jewelry to fashion, luxury retailers’ size inclusivity endeavors are lacking, costing them sales and hindering diversity efforts.
However, the company’s jewelry brands seemed to hold their own.
Discounts and promotions could persuade consumers to shop earlier this year, the survey found.
The seasonal survey asked consumers how, when, and where they’ll shop for holiday gifts.
Chrono24 CEO Tim Stracke and analyst Reginald Brack of Hindman Auctions shared their thoughts on Rolex’s foray into retail.