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US Consumer Spending Unlikely to Grow Soon
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Consumer confidence fell slightly in December, The Conference Board reported, forecasting that spending would not improve significantly in early 2020.The business-data provider’s Consumer Confidence Index decreased marginally in December to 126.5 from 126.8 in November,...
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Retail
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Jan 06, 2020
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Rapaport News
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NRF Predicts Holiday Growth
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US holiday sales and consumers’ average spending will risethis season, amid strong sentiment about the economy, according to projectionsby the National Retail Federation (NRF).Retail sales in November and December will increase 3.6% to4%...
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Retail
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Nov 01, 2017
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Rapaport News
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NRF Predicts Cracking Good Easter
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Easter retail sales will rise this year, as the holiday’srelatively late date means consumers will have longer to do their shopping,according to the National Retail Federation (NRF).The date of Easter is determined by the moon, and therefore...
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Retail
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Apr 02, 2017
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Rapaport News
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Research
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Jul 22, 2015
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Jeff Miller
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U.S. Jewelry Store Sales -6% to $2B
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U.S. specialty jewelry store sales slumped 5.8 percent year on year to $2.019 billion in March, reflecting the sixth consecutive monthly decline. Jewelry store sales during the first quarter of 2015 fell 5.6 percent...
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Research
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May 13, 2015
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Jeff Miller
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U.S. Jewelry & Watch Sales -2%
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U.S. jewelry and watch sales across all channels fell 1.7 percent year on year to $5.386 billion in March, as estimated from preliminary government figures. According to Rapaport News calculations, jewelry sales dropped 1.5 percent...
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Research
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Apr 30, 2015
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Jeff Miller
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U.S. Jewelry & Watch Sales Flat in February
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U.S. jewelry and watch sales across all channels were basically flat, or down 0.2 percent year on year, at $6.188 billion in February, according to preliminary figures. Data revealed that jewelry sales were unchanged from...
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Research
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Mar 30, 2015
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Jeff Miller
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U.S. Jewelry Store Sales -4% in January
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U.S. specialty jewelry store sales fell 4.1 percent year on year to $1.997 billion in January. The decline was not unexpected, after a preliminary drop of 1.9 percent for jewelry and watch sales from all...
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Research
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Mar 12, 2015
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Jeff Miller
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U.S. December Jewelry Store Sales -4%
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U.S. specialty jewelry store sales fell 4 percent year on year to $6.11 billion in December, closing the year on a downer. December's sales total was the weakest since 2011 and followed a 6.2 percent decline for...
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Financial-Legal
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Feb 12, 2015
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Jeff Miller
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LVMH's Jewelry, Watch Sales +3% in 2014
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LVMH reported that revenue rose 10.1 percent year on year to $10.6 billion (EUR 9.241 billion) in the fourth quarter that ended on December 31 and full-year sales rose 6 percent to $35 billion (EUR 30.64 billion)....
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Financial-Legal
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Feb 03, 2015
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Jeff Miller
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U.S. December Jewelry & Watch Sales -2%
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U.S. jewelry and watch sales across all channels closed out the year with disappointing results in December as sales fell 1.6 percent year on year to $15.245 billion, according to preliminary data. Furthermore, the government...
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Financial-Legal
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Feb 02, 2015
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Jeff Miller
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NRF Survey: U.S. Valentine's Day Jewelry Sales May Improve
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With Valentine's Day falling on a Saturday this year, U.S. retailers could see a slight bump up in consumer spending, according to a survey conducted by the National Retail Federation (NRF) and Prosper Insights & Analytics. Nearly 55 percent...
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Research
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Jan 26, 2015
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Jeff Miller
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U.S. Chain-Store Sales +2%
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U.S. chain-store sales rose 2.2 percent year on year for the week that ended on December 27 and included the final shopping days before Christmas, according to the International Council of Shopping Centers (ICSC) and...
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Retail
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Dec 30, 2014
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Jeff Miller
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U.S. Online Christmas Season Sales +15% to $36B
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Online U.S. consumer spending rose 15 percent year on year to $35.499 billion for the November 1 to December 8 time period, according to comScore Inc. Green Monday, which fell on December 8 -- one week after Cyber Monday -- recorded...
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Research
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Dec 10, 2014
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Jeff Miller
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U.S. Online Retail Sales +15%
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U.S. sales at brick-and-mortar retailers disappointed analysts over the Thanksgiving weekend with preliminary estimates falling by 11.3 percent year on year to $50.9 billion, according to the National Retail Federation. However, ecommerce sales continued to show...
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Retail
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Dec 01, 2014
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Jeff Miller
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U.S. Jewelry & Watch Sales -1%
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U.S. jewelry and watch sales combined fell 0.6 percent year on year to $5.461 billion in October, according to preliminary estimates by Rapaport News. While the data is subject to several revisions, it currently marks the first monthly...
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Research
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Nov 28, 2014
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Jeff Miller
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U.S. Consumer Confidence Index +26% in November
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U.S. consumer confidence was much stronger in November than was the case one year ago, according to The Conference Board Consumer Confidence Index®, which registered 88.7 points (1985=100) compared with only 70.4...
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Research
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Nov 25, 2014
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Jeff Miller
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U.S. Jewelry Store Sales +1% to $2B
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U.S. specialty jewelry store sales rose only 1.2 percent year on year to $2.244 billion in September. The sales total was the weakest by value since January when revenue estimates barely topped $2 billion. As reported...
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Research
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Nov 14, 2014
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Jeff Miller
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Affluent Consumers Signal Trouble for Christmas Sales
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The Luxury Consumption Index (LCI), a propriety survey of the top 20 percent of wealthy U.S. households, plummeted to 46.4 points in October -- the lowest level since the great recession, according to Unity Marketing. And with such...
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Research
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Nov 06, 2014
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Jeff Miller
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Wealthy View Jewelry, Watches as 'Earned Asset'
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The Survey of Affluence and Wealth, published by Time Inc. and YouGov, revealed that the jewelry and watch category made the top five gift list for Christmas season 2014 as 30 percent of affluents selected...
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Research
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Nov 05, 2014
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Jeff Miller
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