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Most Popular Jewelry News Stories: Week of Jan. 6

Email sent: Jan 11, 2014 9:00 am

Macy’s Laying Off 2,500 People,
Shutting 5 Stores

Macy’s announced it was laying off 2,500 people and shutting five stores even as it reported generally healthy holiday sales.

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Insurer Nixes Payouts for Jeweler’s Snow Promotion

An Illinois jeweler won’t be refunding its customers’ holiday purchases after all: Its insurance company ruled the local New Year’s snowfall didn’t qualify for the snow promotion.

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Overstock.com Fined $6.8 Million for Allegedly Misleading Price Comparisons

Discount website Overstock.com has been fined $6.8 million by a California judge because of allegedly misleading price comparisons on its website.

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Photos of Decrepit Sears Spark Twitter Spat

Photos of disorganized and neglected post-holiday Sears stores have led its corporate spokesman and a retail analyst to get into a heated spat on Twitter.

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Company Develops “Affordable” Synthetic Diamond Screener

Hong Kong–based Diamond Services has introduced a new technology that it says will let diamond companies screen both loose and mounted synthetic diamonds.

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