A roundup of JCK‘s top stories from the past week.
Department store giant Nordstrom will soon spotlight pieces from Etsy, the online craft site.
Brodkey’s Jewelers, the 132-year-old nine-store chain that filed for Chapter 11 on Feb. 4, will liquidate its assets, according to court papers.
On May 5, Warren Buffett will take his third turn behind the counter at Borsheims, the Omaha retailer owned by his Berkshire Hathaway Corp.
If J.C. Penney doesn’t recover from its massive sales downslide in the next six months, the company could be sold or its CEO replaced, according to a report in The Wall Street Journal.
While Brodkey’s Jewelers will liquidate, the company still hopes a bidder will pick up its store leases and continue to operate them as jewelry stores, CEO Oliver Keene tells JCK.
On Mar. 1, Tyler Kosmoski, former owner of the Diamond Factory in Ashwaubenon, Wis., was acquitted of 12 charges of theft, according to reports by Packers News.
Apple could launch its much-anticipated smartwatch this year, according to several reports.
The rise of smartwatches presents both challenges and opportunities for the rest of the industry.
Nordstrom is America’s favorite fashion retail chain, according to an annual consumer study conducted by Market Force Information.
The annual fair organized by the Hong Kong Trade Development Council is taking place March 5–9.