Jewelers around the country had a tough time of it this holiday season, but they may have had a surge of December sales to make up for it. According to Nielsen’s National Jeweler Network annual holiday weekend sales roundup, which interviews independent jewelers around the country, some perfectly timed sales last week helped a few jewelers break even for the year. However, many jewelers reported an overall drop in holiday sales and lots of concern for 2009.
Owner Wilson Glasgow of Elizabeth Bruns Jewelers in Charlotte, N.C., said that both a weak economy and local bank-related job losses contributed to the poor sales. “In the Charlotte region,” he said, “we are doubly affected not only with the economy but with the loss of Wachovia bank. That’s given us a double whammy.”