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Jewelry Business Closings +10% in 2015: JBT
Feb 24, 2016 1:47 AM
By Rapaport News
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RAPAPORT... Jewelry business closings in the U.S. and Canada increased
10 percent to 1,114 in 2015, according to the Jewelers Board of Trade (JBT).
The number of businesses ceasing operations rose
20 percent to 956, the JBT said in a report February 19. Mergers, sales and consolidations slumped 32 percent to 118. Bankruptcies continued to be much lower than other closing types, at 39
compared with 40 in 2014.
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Tags:
business closures, jbt, jewelers, jewelers board of trade, Rapaport News, u.s.
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