It’s that time of year again. Stores are filled with holiday shoppers, searching for the perfect gift for friends, loved ones, even co-workers and employees.
For many gift givers, that perfect gift comes in the form of jewelry. In 2005 US consumers spent nearly $59 billion on jewelry and watches, according to the US Department of Commerce’s Bureau of Economic Analysis. And, as with the rest of the retail industry, jewelry stores frequently earn between 25 and 40 percent of those annual revenues during the holiday shopping season. read more »