Peoples Jewellers Company Description
Peoples Jewellers, owned by Zale Corporation, is Canada's #1 specialty jewelry retailer. The chain offers diamonds, gold and other fine jewelry, watches, and gifts at affordable prices from about 210 Peoples and Mappins stores in nine Canadian provinces. Most stores are located in shopping malls and average about 1,600 square feet. Purchases at a Peoples stores average $306. Peoples mails a seasonal bridal book to customers twice a year. Founded in 1919 as a family business, Peoples Jewellers was acquired by Texas-based Zale in 1999 and accounts for about 15% of its parent company's sales.
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The Company Description provides a historical perspective of Peoples Jewellers's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Peoples Jewellers's evolution in the marketplace.




