Eighty percent of America's richest households say they are looking closely at every spending category to see where they can save-an increase of 12 points since April, Moreover, the number of affluent and wealthy households cutting consumption has increased by 33 percent in the past three months.
Where these households are cutting the most is what is termed in the survey as "optional" luxuries, with jewelry being one of the areas where these wealthy consumers are targeting, according to the research conducted by American Express Publishing and Harrison Group. >>>

By Suzanna De Baca 8/5/2008

According to a July 21, 2008 Sacramento Business Journal article entitled "Study: Slow Economic Growth Ahead," we're in for more of the same weak economy -- for at least the foreseeable future. The article cites a study by The National Association for Business Economics which reports that "45 percent of economists believe the economy won't log any growth or will clock in at a small 1 percent pace in the final six months of this year." The article states that thirty-two percent of respondents are slightly more optimistic, estimating that the "economy growth's during the second half could be between 1 percent and 2 percent." Only eleven percent of economists anticipate that growth will be 2 percent and 3 percent. >>>

By Kari Lydersen August 11, 2008

The FBI is investigating whether a violent, well-organized ring of South American jewelry thieves is expanding its operations away from large metropolitan areas such as New York, Miami, Houston and Chicago and hitting targets in smaller cities in the South.
In one incident in Little Rock, diamond merchant Faramarz Hakimian, 48, of New York had just pulled into the parking lot of an upscale strip mall July 29 when two masked men jumped out of a black Chevrolet behind him, smashed his car windows, pulled a gun and told him to lie down on the seat. n one incident in Little Rock, diamond merchant Faramarz Hakimian, 48, of New York had just pulled into the parking lot of an upscale strip mall July 29 when two masked men jumped out of a black Chevrolet behind him, smashed his car windows, pulled a gun and told him to lie down on the seat. >>>

By Judah Gutwein August 7,2008

More than any other designer engagement ring setting, the Tiffany setting has captured the hearts of millions of couples searching for the perfect engagement ring for their loose diamond. What is it about the Tiffany six prong setting that has so captivated the masses, making it the most popular traditional solitaire diamond ring of all time?
There is more than one answer to this question. However, one in particular is the foundation for all others and is the basis of this article.
There is a very core difference in philosophy and objective between the designers of the Tiffany setting and the designers of other fashion jewelry rings like Tacori, Verragio, and Scott Kay. >>>

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Greenback's strength is deflating gold price

I was having a discussion with an online forum this morning about the role of marketing in a sales organization. Having worked in both marketing and sales, I stated there is a huge difference between the two and they should never be mixed, nor lumped into one description. Every company should market themselves successfully and many don't. Hence the reason sales and sales support have to work so hard. Work the marketing of a company brilliantly and you've conquered 90% of the battle over your competitors. Ignore it--or do it for sales support only--and you have to work 100% harder than necessary. >>>

Selling Online - Retailing Storefront Alternatives.Wealthy Shari Waters, About.com

E-commerce offers many ways retailers reach consumers and conduct business without the need of a storefront. It's almost economic suicide for any retailer not to sell online. Before you enter the world of e-commerce, be familiar with the advantages and disadvantages of selling online.Advantages:
Online retailers can increase their sales and profits faster than a brick and mortar shop as selling online offers the advantage of having an open store, twenty four hours a day, seven days a week. >>>

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