So the theme of the week has been industry consolidation, given the JBT’s year-end stats and Signet’s pending purchase of Zale. Yesterday, as an experiment, I looked up National Jeweler’s 2003 list of Top 40 jewelry chains.

Here they are the first 10 names:

  • 1. Zale
  • 2. Sterling,
  • 3. Friedman’s
  • 4. Fred Meyer
  • 5. Whitehall
  • 6. Helzberg,
  • 7. Crescent,
  • 8. Samuels,
  • 9. Ultra,
  • 10. Reeds.

[Diamond Helpers Comment :: Not one of these companies pass our tests. I have not yet found a single large chain store that meets the criteria, and that is predictable for many reasons.]

These were the biggest companies 11 years ago. Assuming the Signet/Zale merger goes through, five of those 10 names will have either been…
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Source: JCK Online Cutting Remarks – Diamond Industry News – Rob Bates