BIG Newsletter: Undisclosed Diamond Situation Still Uncertain

By |November 28th, 2016|Categories: Newsletter|Tags: , , , , |

We as an industry are at a point in time where we must recognize the need to ensure our reputation is not marred by any of these stones being sold as natural, and not being properly disclosed.

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BIG Newsletter: Death and Taxes (or if There’s a Will, where is it?)

By |November 10th, 2016|Categories: Newsletter|Tags: , , , , |

This is about your Last Will. I was meeting with my attorney and accountant a few months ago, working with both of them on estate planning and my Will.

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Throwback Thursday: Life in the Fast Lane

By |September 26th, 2016|Categories: Newsletter|Tags: , , , |

Cars take up space. Inventory takes up dollars. A well oiled merchandise highway allows plenty of space (dollars) for new product to enter from the right, and move from lane to lane without obstruction. As these products accelerate, other merchandise gets out of the way to allow their passage. They beep and wave as they go by, and exit off to the left at often blazing speeds.

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Balance to Buy Pro Tip: Categories By Price Point

By |August 23rd, 2016|Categories: Balance to Buy Pro Tips|Tags: , , |

This report will show all of your categories, beginning with the top performing category in sales dollars. The second column will show your price points for each category. This report makes it easy to see where your sales and inventory are by price point and how well they line up with each other.

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Developing an Inventory Plan for Retail Jewelers

By |July 28th, 2016|Categories: White Papers|

Each department of your store contributes to sales and gross profit in different amounts and each, therefore, should have its own budget. Contained within a department are categories and sometimes sub-categories. Also, price points perform differently from one category to the next; therefore, your plan will call for different allocations by price.e/m

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