According to a new study by Polygon, the retail jewelry industry in the United States continued to adapt to falling diamond prices, high numbers of jewelry store closures, and an industry-wide liquidity crunch in 2016.

"As the Baby Boomers' slow but steady exodus from the workforce continues, the Second Wave Millennials continue entering the workforce in droves."

Mobile is no longer an optional marketing strategy for ecommerce businesses; it is a necessity, but many online businesses have yet to master the implementation and optimization of a mobile- first mentality.