US jewelry retail industry
The US jewelry retail industry includes about 28,000 specialty stores with combined annual revenue of about $30 billion, according to report published by Researchandmarkets.com. Major companies include Zale, Tiffany, and Sterling Jewelers. The industry is fragmented; the top 50 jewelry chains generate less than half of revenue.
COMPETITIVE LANDSCAPE
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn’t the main factor determining sales. Profitability depends on merchandising and effective marketing. Read full article
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