The Jewelry Exchange, a Tustin, Calif.-based chain, reported that its comp sales for August rose 7.3 percent over last year’s figures.
According to the company, sales at its Phoenix location were up 47 percent from August 2012 levels. It also reported year-over-year same-store sales increases at its St. Louis location (21 percent) and at its flagship Southern California store (26.2 percent).
Online sales for the month jumped by 38.1 percent, which the company attributed to its redesigned website with improved diamond and jewelry sorting functions.
“After a solid surge in sales for August, we are hopeful that this signifies the beginning of an economic recovery as we prepare for a strong holiday season,” said Sylvia Trujillo, Jewelry Exchange chief financial officer, in a statement.