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It operates some 2,800 retail places underneath its Kay, Zales, Jared, Diamonds Direct and Banter by Pierce Pagoda banners, plus DTC James Allen and Rocksbox jewellery rental, and extra. Now with inflation running at a 40-year high, shoppers are getting squeezed in all the important areas, like meals, fuel, utilities and housing. That leaves much less for discretionary spending and jewelry is amongst the most discretionary of purchases. Since 2014, jewellery consumption advanced from $59.1 billion to $62.three billion in 2020, some 5%, and jewelry retailer sales grew from $31.1 billion to $33.three billion, a 7% improve. Since jewelry has…