article thumbnail

How Worthy Conquered Mistrust Issues In Jewelry Resale

Retail TouchPoints

In the wake of COVID-19, resale of high-value jewelry increased 22X more than low-value jewelry in May and June 2020 as compared to March and April, according to the 2020 Resale Report from The RealReal. Worthy had to overcome unique challenges when it set out to sell jewelry and gems online.

Jewelry 215
article thumbnail

How Daniel’s Jewelers Designs Stores and Shopper Experiences for Hispanic Consumers

Retail TouchPoints

Joseph Sherwood founded Daniel’s Jewelers in 1948 to make jewelry more accessible for all families. This has allowed the company to establish a unique value proposition that speaks to the Hispanic community, which is 62 million people strong and accounts for 19% of the U.S. population. population.

Jewelry 245
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Claire’s Files for IPO as it Expands Presence Outside of Malls

Retail TouchPoints

The themed quarterly drops are aimed at “fostering self-expression” among its core Gen Z demographic with a variety of curated jewelry and accessories in each one. members accounted for half its sales in the country in the first half of fiscal 2021. However, the brand has yet to return to profitability despite its growth.

Jewelry 275
article thumbnail

Exclusive: How Daniel’s Jewelers is Using Vision AI to Better Serve its Customers

Retail TouchPoints

In the more than 70 years since Joseph Sherwood bought a bankrupt jewelry store in Bell Gardens, Calif., Instead of a Midwestern twang maybe they have a Spanish accent, but their dreams, their hopes, what they want to accomplish, what jewelry means to them has not changed one iota in the last 75 years. ”

article thumbnail

Realizing the Potential Business-Specific Analytics in Jewelry (2021)

Retalon

Jewelry Specific Analytics and AI. But let’s be honest, what do fast food restaurants, automotive shops, jewelry stores, and online supplement stores have in common? For instance, Destination resorts that run gift shops must account for occupation rates in their hotels as well as weather. Jewelry-Specific Analytics.

Jewelry 41
article thumbnail

SoulMakes is a Leader in Crystal & Gemstone Gifts

Independent Retailer

From awe-inspiring agate and quartz mines in Brazil to vibrant villages in India to their very own studio in ever-soulful Charleston, South Carolina, the brand’s crystal jewelry and pocket treasures are sourced from amazing suppliers all over the globe. The minimum order for retailers located within the U.S. Best-Selling Gifts.

Jewelry 67
article thumbnail

Analysis: Synergies begin to show after merger of SEA hypermarkets

Inside Retail

Makro, the biggest cash-and-carry operator in Southeast Asia, was already something of a beast in wholesale and retail terms: it operated 154 warehouse-style units with an average size of just under 5,400sqm, selling to both retailers and end consumers in major cities and secondary locations, mostly in Thailand and Malaysia. billion baht ($9.4

Wholesale 130