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New Shopping Addtion

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Cozumel, Mexico
Destination Expert
for Cozumel, Merida
Level Contributor
42,172 posts
135 reviews
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New Shopping Addtion

Cozumel is getting just what it needs--a new Diamonds International store. The city recently sold them property on the Melgar adjacent to the square (you will recognize the property from the photo) for 16.5 million pesos---34 percent less than the original asking price. Must be good profit in the jewelry business on the island.

sipse.com/novedades/reafirman-venta-de-predi…

Vail, Arizona
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352 posts
25 reviews
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1. Re: New Shopping Addtion

Considering that "normal" wholesale-to-retail mark-up on jewelry is between 300 and 500%, add in the additional 150% cruise passenger premium and, yes, it IS a lucrative business...

Cozumel, Mexico
Destination Expert
for Cozumel, Merida
Level Contributor
42,172 posts
135 reviews
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2. Re: New Shopping Addtion

Yes, I know it must be the most profitable business. Even with cruise traffic down, they are not hurting.

Oklahoma City...
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573 posts
13 reviews
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3. Re: New Shopping Addtion

BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO.

Used to love the little store on the inside of that complex facing the square. They even had cold AC lol.

Terrible to see the diamond crooks get a nice prime spot.

Booooooooooooooooooooooooooooo!

Sonoma, California
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112 posts
3 reviews
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4. Re: New Shopping Addtion

Who else remembers when most of the shops on Melgar were... dive shops !!! Yes, this was pre-cruise ship times....

Cozumel, Mexico
Destination Expert
for Cozumel, Merida
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42,172 posts
135 reviews
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5. Re: New Shopping Addtion

I remember. I was there on one of the first cruise ships to Cozumel in the late 60´s, the SS Ariadne. Much different then.

Cozumel, Mexico
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797 posts
3 reviews
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6. Re: New Shopping Addtion

Just about anything else would be better than another Diamonds International store :o(

Hancock, New...
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2,185 posts
118 reviews
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7. Re: New Shopping Addtion

The island definitely needs another Diamonds International. Up to now, it's been possible to walk several blocks along the malecón without passing one.

At least it might provide employment for smash-and-grab robbery specialists.

Cozumel, Mexico
Destination Expert
for Cozumel, Merida
Level Contributor
42,172 posts
135 reviews
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8. Re: New Shopping Addtion

Yes, you could walk a hundred meters or so without coming to one. And this one will be convenient for the robbers---just across the street from the ferry pier.

9. Re: New Shopping Addtion

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Removed on: 30 May 2014, 07:17