Samuels Jewelers · Austin, TX United States
Company Description
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In addition to diamonds and gemstones, Samuels Jewelers knows something about millstones -- the bankruptcy kind (it has been thrice drawn into bankruptcy court since the early 1990s). Samuels sells fine jewelry items through about 85 jewelry stores in California, Texas, and about 15 other states; stores are primarily located in regional shopping malls, power centers, and strip centers. Samuels also operates some stand-alone stores and sells jewelry online at SamuelsJewelers.com. Its stores operate under the Samuels Diamonds and Samuels Jewelers banners. Founded in 1891, Texas-based Samuels Jewelers was acquired by India's Gitanjali Gems Ltd., a jewelry maker and retailer, in late 2006. To read the full description, subscribe now.
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Key Samuels Jewelers Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | May |
| Employees | 35 |
Samuels Jewelers Executives
6 executives listed for Samuels Jewelers's Austin, TX location.
| Title | Name & Bio | Contact |
| Chairman | Randy McCullough | Network |
| President and CEO | Deepak Gandhi | Network |
| VP, Finance and Chief Accounting Officer | Robert Herman | Network |
Competition
Competitive Landscape for Samuels Jewelers
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top Samuels Jewelers Competitors
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