Jewelry Stores

First Research, Inc.
July 28, 2014
10 Pages - SKU: FRRS5303862
Countries covered: United States

Jewelry Stores

Brief Excerpt from Industry Overview Chapter:

Companies in this industry sell jewelry, silverware, watches, and clocks from physical retail establishments. Major US companies include Sterling Jewelers (a unit of UK-based Signet Jewelers), Tiffany, and Zale; other industry leaders include the retail operations of Chow Tai Fook Jewellery Group (China) and Christ (Germany).

Worldwide, jewelry retailers generate about $275 billion in annual revenue, according to Euromonitor International. China and Brazil are key growth opportunities for the industry.

The US jewelry retail industry includes about 23,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $35 billion.

COMPETITIVE LANDSCAPE

Jewelry sales depend largely on consumers' disposable income. Profitability depends on merchandising and effective marketing. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. The US industry is fragmented: the 50 largest companies generate about 40 percent of revenue.

Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart and Macy's are among the largest jewelry retailers in the US.

PRODUCTS, OPERATIONS & TECHNOLOGY

Jewelry is often classified as bridal merchandise (engagement, bridal, and anniversary rings) or fashion jewelry (rings, bracelets, earrings, pins, gold chains). Other sources of revenue for retailers include watches, silver flatware, and other giftware. Diamond jewelry and loose diamonds account for the largest share of...



More Jewelry reports by First Research, Inc.

Jewelry Manufacturing by First Research, Inc.
Jewelry ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture jewelry and items such as compacts and cigarette cases from precious metals, gemstones, and ...
Jewelry & Watch Manufacturing by First Research, Inc.
Jewelry & Watch ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture jewelry and personal goods, such as compacts and cigarette cases, from precious ...
See all reports like this >>

More United States Jewelry reports

Jewelry, Watches, & Clocks: United States by Freedonia Focus Reports
Jewelry, Watches, & Clocks: United StatesThis report forecasts US jewelry, watch, and clock demand and shipments in US dollars at the manufacturers' level to 2018. ...
Jewelry Manufacturing by First Research, Inc.
Jewelry ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture jewelry and items such as compacts and cigarette cases from precious metals, gemstones, and ...
Amazon Best Sellers Tracker - Jewelry (United States, August 2014) by ResearchFarm Ltd.
Amazon Best Sellers Tracker: Jewelry (United States, August 2014)Amazon Best Sellers Trackers are monthly reports published by ResearchFarm allowing to track the performance of top ...
Costume Jewelry and Novelty Manufacturing Industry - the U.S. and its International Trade [2014 Q3 Edition] by Supplier Relations US, LLC
This 2014 Q3 publication of Costume Jewelry and Novelty Manufacturing Industry report is the comprehensive market research guide for the industry. It contains the ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!