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Sour economy means lackluster jewelry sales

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Uploaded by on Dec 22, 2009

Consumer columnist David Lazarus looks at how the economy has hurt the jewelry business. It's so bad some jewelers are meltling down gold to pay their rent. Read more at http://bit.ly/5RBSKm

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News & Politics

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  • I am one of those who melt stock to stay in business.I refine the items that have been in inventory the longest 1st.If I didn't do my own repairs/alteration in-house, i don't know if i'd STILL be in business.I don't know how the store that ONLY rely on sales are still around.

  • Excuse me, newspaper.

  • The LA Times is terrible. Glad I got rid of your sorry azz magazine.

  • great hook. you got me. I will actually read a newspaper to see your story.

  • yea a lot of jewelery stores have closed or closing

  • nice xD

  • Not just that but the average family might actually learn that financially we as a nation are out of tricks.

    So here is to the future of responsible consumer spending, families saving money every year and the start of paying off the average family debt.

  • Now the people of California are finally learning to live within their means :)

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