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Blue Nile Reports 2Q Sales Decline

by Marc Cohen | Aug 7, 2014 | Business, Gold & Jewelry, Industry, News

Blue Nile, a leader in online retailing of diamonds and diamond jewelry reported a sales decrease in their 2nd quarter of 1.3% to 106.6 million.   U.S. engagement sales for the quarter were down 4.6% Non Engagement jewelry sales were up 2.6% International sales...
Rapaport Reports Declines in the July Price Index for 2 Categories

Rapaport Reports Declines in the July Price Index for 2 Categories

by Marc Cohen | Aug 7, 2014 | Business, Gold & Jewelry, Industry, News

Rapaport reports that prices for certified polished diamonds has declined in 2  popular size categories. 1CT.  Diamonds declined 2.4% in July .30CT. Diamonds declined 1.3% in July. The .30 to .50CT. category continued to rise 0.3% in July ,making the total increase...

New York: Russian Hackers Have Stolen 1.2B User Names and Passwords – Affecting 420,000 Websites

by Data Age | Aug 6, 2014 | Business, Industry, Management, News, Safety, Security, Tech

We recognize that this article is out of the editorial guidelines for PawnLink.org but we are certain that this matter is of utmost importance to anyone using the Internet. A Milwaukee firm, Hold Security, which is known for uncovering online security breaches,...

Diamond Industry: Synthetics Pose A Problem

by Data Age | Aug 5, 2014 | BE ON THE LOOKOUT, Business, Buying Diamonds.edu, General Merchandise, Gold & Jewelry, Industry, Management, Management.edu, New to the Industry, News

The diamond trade is facing a growing challenge from the production of synthetic diamonds. Synthetic diamonds are manufactured in a laboratory as opposed to natural diamonds, which are created by geological processes. The synthetic diamonds even have the same...

Pelham, Alabama Extends Permit Deadline For Pawn Shops And Other Businesses Under Moratorium

by Data Age | Aug 5, 2014 | Business, Business Licensing, Compliance, Industry, Laws, Management, New to the Industry, News

  For anyone seeking to open establishments such as a pawn shop, title or payday loan entity, used-car lot or other establishments contained within a one-year moratorium in Pelham, Alabama will now have until August 31st to submit an application with the city. ...

U.S. Government: Warning Retailers About Malicious Software

by Data Age | Jul 31, 2014 | BE ON THE LOOKOUT, Business, Industry, Management, New to the Industry, News, Safety, Security, Software

“BOSTON (Reuters) – The U.S. Department Of Homeland Security warned retailers about a type of malicious software attacking point-of-sales systems, dubbed “Backoff,” that it said is undetectable by most types of anti-virus software. The agency...
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