Business Insider just came out with a slide show featuring a bunch of scary-sounding charts demonstrating the growth of e-commerce. “Let’s face it, the old retail model is dying fast,” it begins. “Hundreds of stores are closing, because sales are tanking.” It declares that e-commerce is driving nearly all U.S. retail growth.
But how about jewelry? While e-commerce has clearly roiled our industry—particularly by hurting retail margins for engagement rings—and many jewelers have indeed closed, our… …read more