Last updateThu, 22 Feb 2018 4pm

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The $10 million cache of WWI-era gold that’s sitting off the coast of Ireland

ww1 gold

Twenty fathoms beneath the waters of Lough Swilly, a glacial fjord off the coast of Ireland’s County Donegal, lies more than $10 million worth of gold.

That’s all that remains of a massive cache of sunken treasure lost during World War I on the HMS Laurentic, an armed British merchant cruiser that struck two mines and sank on January 25, 1917.

Jewelers for Children 2017 Local Grants contest

JFC eJewelers for Children (JFC) has announced the 2017 edition of their Local Grants contest. JFC has set aside $50,000 to be used for 10 - $5,000 grants to local organizations. Independent jewelers will have an opportunity to nominate a local organization to receive one of these grants. Once a final list of nominated charities is compiled, the retailer will be responsible for motivating their constituents to vote for their charity through a Facebook based campaign on JFC’s page.

Survey finds Millennials would rather spend on travel than engagement ring

sell rings

It used to be that etiquette experts recommended spending twice your monthly income on an engagement ring. But that’s a big chunk of change, and today’s couples aren’t buying it—literally. Thirty-seven percent of Millennials say they’d sell an engagement ring to fund a major life purchase, such as a home, travel or higher education, according to a survey by WP Diamonds. That’s a bump up from older generations, in which only 23% would choose to hock the ring.

NAJA offering scholarship for ACE© It Appraisal Conference

NAJA logoThe National Association of Jewelry Appraisers (NAJA) is pleased to announce that it will award an ACE© It Appraisal Conference Scholarship to a deserving gemology student. NAJA invites GIA, FGA, FGAA, FGG, FCGmA, RGA students to apply for this scholarship for the 49th Annual ACE© It Winter Educational Conference scheduled on January 28 - 29, 2018 in Tucson AZ.

NRF Consumer View report finds bricks-and-mortar stores still American retail cornerstone

NRF(WASHINGTON, D.C.) - The National Retail Federation (NRF) launched Consumer View (https://nrf.com/resources/consumer-research-and-data/consumer-view) on September 27, a new quarterly report designed to gauge consumer behavior and shopping trends related to stores, online channels, customer loyalty, technology and other issues.

Seasonal employee hiring tips from Jewelers Mutual

What every retailer needs to know

Mutual(NEENAH, Wis.) - The holidays are, no doubt, the busiest time of the year. According to a research study conducted by outplacement firm Challenger, Gray & Christmas, Inc., US retailers were expected to hire over 740,000 seasonal workers in 2016. These numbers excluded retail giant, Amazon, which hired an additional 120,000 seasonal workers last year.