Macy's department stores agreed to buy up to $3 million in polished diamonds from Basal Diamonds of Canada to feature in 20 stores beginning mid-November. The deal is, according to Basal, set to increase the number of distributing stores by 10-per month, beginning in December.

Read more about Canadian wholesale diamonds beeing bought by Macy's at http://www.diamonds.net/news/newsitem.asp?num=13456&type=all&topic=all.