Sterling Jewelers is the largest specialty fine jewelry company in the US as ranked by both sales and number of stores. UK-based Signet Jewelers acquired the company in 1987, which gave Signet its first taste of the US market.
- Headquarters: Akron, Ohio
- Founding year: 1910
- Number of locations as of January 2011: more than 1,400
- Chains: Goodman, LeRoy’s, Marks & Morgan, Osterman, Weisfield, Rogers, Shaw’s, Kay, Jared, JBR, Belden, and Friedlander’s jewelers
Sterling is the parent company of well-known chains Kay Jewelers, the number one specialty jewelry brand in the US, and Jared the Galleria of Jewelry, which offers five times the selection of ordinary jewelry stores and focuses on creating the perfect in-store experience. Overall, Sterling has an approximate 4.2% share of the $63 billion total jewelry market and an 8.8% share of the more than $30 billion US specialty market.
Sterling has been a leading supporter of St. Jude Children’s Research since 1999. To date, the company has donated more than $22 million to St. Jude through the sale of 3.7 million holiday gift items and corporate and employee donations.