Shop LC Leaks Details on Traditional Retail Jewelry Supply Chain Markups and How to Avoid Them

Home shopping channel explains how your regular jewelry purchase might be costing you too much

Published: Nov. 9, 2021 at 6:33 AM EST|Updated: 2 hours ago

AUSTIN, Texas, Nov. 9, 2021 /PRNewswire/ — Jewelry is expensive. But does it have to be? Shop LC, a vertically integrated retailer of jewelry, explains how the supply chain adds excess cost to consumers.

(PRNewsfoto/Shop LC)
(PRNewsfoto/Shop LC)


“Providing the best value for money isn’t that hard,” explains Amit Agarwal, Shop LC President. “While materials like 14K gold can account for around 60 to 80 percent of an items cost, there are ways to improve affordability. For instance, Under $10 jewelry often uses a sterling silver base with a finish of gold, providing exceptional value while preserving the look of solid gold.”

In the traditional manufacturing process for gemstone jewelry, a high markup occurs with gems

Read More

Shoppers flee Fresno’s Fashion Fair mall in jewelry theft

Several shoppers at Fresno’s Fashion Fair mall rushed out to the parking lot in a frenzy Tuesday evening after hearing a loud noise that some believed were the sound of gunshots.

Fresno Police said the cause of the commotion was a grand theft that occurred around 6:30 p.m. at a jewelry store kiosk inside the mall.

Police said no gunshots were ever fired nor was a gun displayed.

Instead, the loud sound was the result of the suspect kicking in a glass display at Zee Jewelers.

“We were in Macy’s when we heard a loud boom,” shopper Jared Torres said. “Everyone starts saying, ‘Gunshots!. Gunshots!’ I see everyone running out of all the exits.”

The total retail amount of jewelry stolen was not immediately known, police said.

Police added no one was injured during the grand theft or the mass exit of people.

The suspect, though, remains loose.

Police said

Read More
Wednesday March 10, 2021