TUSTIN, Calif., Dec. 03, 2019 (GLOBE NEWSWIRE) -- The Jewelry Exchange broke a new sales record on Black Friday. Sales were the highest in the jewelry chain’s 42-year history, outpacing even 2006, the Jewelry Exchange’s biggest year.
Thanksgiving weekend sales were up 38% over last year, as Bloomberg was reporting nationwide retail traffic for the weekend was up 16%.
Lab grown diamonds sales also increased. The Jewelry Exchange’s sales of loose lab grown diamonds increased from 3% to 11% of sales.
The Jewelry Exchange is a value-focused jeweler with 14 locations across the country. By importing diamonds directly and manufacturing in-house they are able to offer customers direct to consumer pricing.
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