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IBM forecast: Jewelry sales to shine this year
New York -- Jewelry sales are expected to grow more than 11% in the second quarter and 9% overall this year, according to a new IBM Big Data-based forecast.
According to the analysis, improved consumer confidence, lower unemployment and enhanced stock dividends from fourth quarter 2012 have combined to leave people ready to start spending on luxury items again, like jewelry.
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Schnucks, Ballwin, Mo.
Schnucks Markets unveiled a smaller format with the opening of its store in Ballwin, Mo. Comprised of a 40,000-sq.-ft. ground floor and a 5,000-sq.-ft. mezzanine, the supermarket combines the inviting ambience of a neighborhood market and easy-to-navigate layout with an updated array of amenities. The space is designed to promote shopper interaction and to spotlight fresh and prepared foods.