With 274 stores in 41 states as of February 3, 2018, Jared is a leading off-mall destination specialty retail jewelry store chain, based on sales. Jared accounted for 19% of Signet's sales in Fiscal 2018. Jared targets an upper mid-market jewelry customer.
It offers superior service with an enhanced selection of merchandise. Every Jared store has an on-site design and service center where repairs and custom jobs are completed. The typical Jared store has about 4,800 square feet of selling space and approximately 6,000 square feet of total space. Jared locations are normally free-standing sites with high visibility and traffic flow operating in retail centers that contain strong retail co-tenants such as big box stores.
Signet Jewelers Limited is the largest specialty jewelry retailer in the US, UK and Canada. Signet operates approximately 3,600 stores primarily under the name brands of Kay Jewelers, Zales, Jared The Galleria Of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda. The company's annual sales of approximately $6 billion derive from the retailing of jewelry, watches and associated services.
Expressing romance and appreciation through bridal jewelry and gift giving is very important to our customers, as is self-reward. Signet believes customers associate our brands with high quality jewelry and an outstanding customer experience. Signet increases the attraction of Signet's store brands to customers through the use of branded differentiated and exclusive merchandise, while offering a compelling value proposition in more basic ranges.
Signet is committed to delivering increasing value to our stakeholders while seeking to uphold our social, ethical and environmental principles, defined by the brand attributes of global leadership, innovation and sustainability. In all aspects of our business, Signet follows the operating principles of excellence in execution, testing before investing, continuous improvement, and disciplined investment.
THE JARED PROMISE Because we are honored you chose Jared, this is our promise to you: IMPECCABLE QUALITY Our natural and lab-created diamonds are selected to meet our exacting quality standards. RESPONSIBLY SOURCED We are a Founding and Certified Member of the Responsible Jewelry Council and are ranked among the top five companies in the world by non-government organizations for our commitment to responsible gem and mining sourcing. EXCEPTIONAL SELECTION With our incredible selection of bridal and fashion jewelry, it’s never been easier to find exactly what you want. LIFETIME GUARANTEE Your engagement ring should last as long as your devotion. That’s why we offer a free lifetime guarantee to make sure your natural and lab-created diamond jewelry stands the test of time.