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Ultra Stores, Inc. · Chicago, IL United States

Company Description

122 S. Michigan Ave. Ste. 800
Chicago, IL
60610
United States (Map)
Phone: 312-922-3800
Fax: 312-922-3933
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    Ultra Stores goes above and beyond to sell fine jewelry for less. The company is a leading seller of off-price bridal and diamond and gemstone jewelry, as well as watches, and gifts. Ultra Stores operates about 150 shops under the Ultra Diamonds and Premier Fine Jewelry brands in more than 30 states, Puerto Rico, and the US Virgin Islands.Ultra also sells jewelry online and buys old jewelry. Ultra Stores emerged from three-month stint in Chapter 11 bankruptcy in July 2009 after closing about a dozen stores and shuttering leased locations in Burlington Coat Factory and Filene's Basement stores. Chicago investment firm Crystal Capital owns a majority stake in Ultra Stores. To read the full description, subscribe now.
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    Key Ultra Stores, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndJanuary
    Employees650

    Ultra Stores, Inc. Executives

    7 executives listed for Ultra Stores, Inc.'s Chicago, IL location.
    TitleName & BioContact
    President and CEODaniel MarksNetwork
    VP Store OperationsScott LevisonNetwork
    EVP and Chief Administration OfficerJoseph DonaghyNetwork

    Competition

    Competitive Landscape for Ultra Stores, 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 Ultra Stores, Inc. Competitors
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