Many small businesses, not just retail jewelers, are caught in a tight monthly financial cycle. Those businesses teeter on financial ruin because the only thing needed to send them over the edge is a bad week of sales, unexpected loss of the star salesperson, tax penalties, medical bills, or the wrong choices of inventory. Each of these could be an unrecoverable setback.
According to the Jewelers Board of Trade, there was a total of VIEW FULL GOLD NUGGET
Last week, I was doing a little research into the US census data on this website
. The U.S. business census data is captured every 5 years, but there's a delay before the information is published. The 2012 was only recently published.
Shrinking Number of Retail Jewelry Stores
The data shows that there were only 16,847 corporations that classified themselves as "jewelry stores" in 2012, and there were 2...
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