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Signet Jewelers Ltd. (Ratner Group 1949–1993 then Signet Group plc to September 2008) is, as of 2015, the world's largest retailer of diamond jewellery. [1] The company is domiciled in Bermuda and headquartered in Akron, Ohio , and is listed on the New York Stock Exchange .
In February 2014, Signet Jewelers agreed to buy Zale Corporation, with Zale shareholders receiving US$21 a share in cash in US$1.3 billion deal. [11] The merger created a $6.2 billion firm. [11] In January 2017, Zales announced it would close a handful of its mall stores when the leases expire, to avoid duplication with former rival Kay ...
Signet, which owns Kay Jewelers, Zales, and Jared, has made some shifts to its strategy amid the coronavirus pandemic. Virtual consulting services, where salespeople can show customers photos and ...
Signet Jewelers, which owns prominent jeweler brands Kay, Zales and Jared, announced the closure of 400 stores in June 2020. [283] Soft Surroundings filed for Chapter 11 bankruptcy on September 11, 2023, announcing plans to close all 44 of its stores and sell its online and catalog business to Coldwater Creek. [284]
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ULTRA Diamonds was a seller of fine jewelry in factory outlet and value centers in the United States. ULTRA was a manufacturer as well as a direct importer of diamonds, gemstones, and gold jewelry. At one point, Ultra operated over 100 stores in outlet centers and 38 other format locations (primarily licensed jewelry departments).