Sterling Jewelers Inc. · Fairlawn, OH United States
Company Description
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There's more in store at Sterling Jewelers than just sterling silver. The jewelry firm sells gold, silver, diamond, and gemstone jewelry, watches, collectibles, and gifts from some 1,400 stores in 50 states. Sterling Jewelers operates Kay Jewelers, which has about 925 stores in shopping centers and malls nationwide, as well as the off-mall format Jared the Galleria of Jewelry, and about 300 regional jewelry stores under other names (Belden, JB Robinson, Marks & Morgan). About 170 Jared stores sell diamond jewelry and loose diamonds, as well as luxury watches such as Rolex , Tag Heuer, and Raymond Weil. Sterling Jewelers is the US subsidiary of London-based Signet Jewelers , the world's largest jewelry retailer. To read the full description, subscribe now.
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Key Sterling Jewelers Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | January |
| Annual Sales (mil.) | $2,839.2 |
| Employees | 9,900 |
Sterling Jewelers Inc. Executives
60 executives listed for Sterling Jewelers Inc.'s Fairlawn, OH location.
| Title | Name & Bio | Contact |
| Chairman | Terry Burman | Network |
| President and CEO | Mark Light | Network |
| EVP and COO | William Montalto | Network |
Competition
Competitive Landscape for Sterling Jewelers Inc.
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 Sterling Jewelers Inc. Competitors
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