After two consecutive months of declines, U.S. retail sales posted modest gains in March, according to the latest CNBC/NRF Retail Monitor, powered by Affinity Solutions and released by the National Retail Federation (NRF). However, persistent concerns over rising tariffs have kept consumer sentiment cautious, capping the extent of the rebound. Matthew Shay, NRF President and […]

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Jewellery sales in the US in March benefitted from life increasingly getting back on track and growing numbers of consumers returning to stores, said Mastercard SpendingPulse, a payment tracking firm. US jewellery sales in March 2022 rose 11.9% versus last year, and were 78.8% higher than March 2019, it said. “As we lapped two years […]

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US retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and Covid-19, the National Retail Federation (NRF) said. “Despite economic headwinds, November retail sales data confirms that consumers continue to spend, as demonstrated by a 14% increase in sales year-over-year,” […]

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US jewellery retail sales experienced a 4.3% fall this holiday season, which ran from 11th October through 24th December. However, online jewellery sales shot up 44.6% over the 75-day period, according to market intelligence provider Mastercard SpendingPulse. Overall US holiday retail sales excluding automotive and gasoline increased 3% this expanded holiday season. Notably, online sales […]

The post Mastercard SpendingPulse U.S. Online Jewellery Sales Grew 45% This Holiday Season But Retail Sales Slipped 4% appeared first on The Jewelry Magazine.

New York-based upmarket jeweller Tiffany & Co. said its net earnings for the three months that ended 31st October, 2020, increased 52% to $119 million owing to strong retail sales growth in China and Korea, as well as a near doubling of e-commerce sales. Worldwide net sales returned to the billion-dollar level ($1.0 billion) and […]

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Sales of jewelry and other luxury items in Hong Kong plunged in May, even as the market showed signs of recovery amid an easing of the city’s coronavirus crisis. Revenue from jewelry, watches, clocks and other valuable gifts slid 70% year on year to HKD 2.02 billion ($261 million) for the month, as the halt […]

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Holiday retail sales grew 4.1 percent year-over-year to $730.2 billion, reported the National Retail Federation (NRF). This result is in line with the NRF’s October forecast that sales would rise between 3.8 percent and 4.2 percent for a total of between $727.9 billion and $730.7 billion. That forecast also called for online sales to increase […]

The post NRF: Strong Finish to Holiday Season as Growth Rate Doubles Over 2018 appeared first on The Jewelry Magazine.

Retail sales fell for the first time in 25 years last year, says the leading UK retail industry body. Total sales slipped by 0.1% in 2019, according to the British Retail Consortium (BRC) and advisory firm KPMG, the first annual sales decline since they began monitoring the sector in 1995. The downturn was influenced by […]

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According to Mastercard SpendingPulseTM, holiday retail sales increased 3.4 percent (ex auto) with online sales growing 18.8 percent compared to 2018 Retailers have much to cheer about this holiday season. According to Mastercard SpendingPulseTM, holiday retail sales increased 3.4 percent (ex auto) with online sales growing 18.8 percent compared to 2018. Mastercard SpendingPulse provides insights […]

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Retail sales in November increased 0.1 percent seasonally adjusted over October and were up 2.1 percent unadjusted year-over-year. November’s results build on October’s increase of 0.2 percent month-over-month and a strong 4.1 percent year-over-year. The numbers exclude automobile dealers, gasoline stations and restaurants. As of November, the three-month moving average was up 3.3 percent over […]

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