Summer 2026
Market Research and Product Development Intern
Market Research and Product Development
Posted on 5/16/2026
Signet Jewelers
5,001-10,000 employees
Retailer of diamond jewelry and financing
Compensation Overview
$21.25/hr
New York, NY, USA
In Person
 Product (1) |
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- Currently pursuing or recently completed a degree in Business, Marketing, Merchandising, Economics, or a related field
- Strong analytical and problem-solving skills with attention to detail
- Proficiency in Microsoft Excel and PowerPoint (experience with data analysis is a plus)
- Strong written and verbal communication skills
- Ability to manage multiple priorities in a fast-paced environment
- Conduct market and competitive research to identify trends, pricing strategies, and product opportunities
- Analyze customer feedback, sales data, and industry insights to support product decisions
- Partner with cross-functional teams (design, merchandising, operations) to align on product initiatives
- Track product performance and compile reports with actionable recommendations
- Maintain organized product data, research findings, and documentation
- Assist with ad hoc projects and presentations as needed
- Exposure to end-to-end product development and merchandising strategies
- Hands-on experience with market analysis and consumer insights
- Opportunity to influence product decisions through research and data
- Mentorship from cross-functional leaders
Signet Jewelers is the world’s largest retailer of diamond jewelry, operating brands such as Kay Jewelers, Zales, Jared, H. Samuel, and Ernest Jones across the US, UK, and Canada. It sells diamond and other fine jewelry through brick‑and‑mortar stores and e‑commerce, with financing options to help customers pay over time. Its scale, multi‑brand portfolio, and omnichannel approach distinguish it from competitors, and it emphasizes sustainability and social impact via supplier relationships and the Signet Love Inspires Foundation. The company’s goal is to grow its store and online presence, strengthen customer relationships across channels, and advance sustainable practices and social equity through its products, financing, and philanthropy.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Akron, Ohio
Founded
1910
Simplify's Take
What believers are saying
- The Clear Cut brings nearly $30,000 average orders into Blue Nile.
- Younger customers discovered The Clear Cut through 21 million TikTok views last year.
- Signet generated about $525 million free cash flow while keeping inventory disciplined.
What critics are saying
- Lab-grown diamonds are commoditizing bridal jewelry and compressing pricing power.
- Gold prices near record highs keep pressuring gross margins across the portfolio.
- Closing JamesAllen.com removes $60 million to $80 million revenue and weakens e-commerce momentum.
What makes Signet Jewelers unique
- Blue Nile is becoming Signet’s luxury digital anchor after The Clear Cut acquisition.
- The Clear Cut adds bespoke bridal expertise, AI pricing, and personalized high-ticket service.
- Signet combines mass-market stores with e-commerce across Kay, Zales, Jared, and Blue Nile.
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People at Signet Jewelers who can refer or advise you
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Paid Vacation
Paid Holidays
Employee Discounts
Professional Development Budget
Company News
Signet will integrate the online-only, natural diamond-focused jeweler into Blue Nile, which it wants to position as a higher-end retailer.
Signet Jewelers, the world's largest diamond jewelry retailer, plans to close approximately 100 stores in fiscal 2027 and shut down two brands as part of a major restructuring. The company will focus on its three core brands: Kay Jewelers, Zales and Jared. James Allen will be integrated into Blue Nile, with its standalone website closing in the second fiscal quarter of 2027. Rocksbox will merge into Kay Jewelers in fiscal 2026. The restructuring comes as the diamond market faces pressure from lab-grown diamonds and oversupply, whilst gold prices surge to near-record highs. Signet operates nearly 2,600 locations across North America and the UK. For fiscal 2026, the company's core brands delivered over 3% same-store sales growth and accounted for roughly 70% of revenue, though e-commerce sales declined 2.4%.
Signet Jewelers shares rose on Thursday after the world's largest diamond jewellery seller reported better-than-expected financial results. The parent company of Zales and Jared posted sales of $2.35 billion in its fiscal 2026 fourth quarter ended 31 January, with same-store sales declining just 0.7%. The retailer saw strength in its bridal and fashion segments despite rising gold prices and tariffs increasing costs. Signet generated $525 million in free cash flow for the year whilst maintaining consistent inventory levels. The company expects adjusted operating income of $470 million to $560 million and earnings per share of $8.80 to $10.74 in fiscal 2027. Signet's board approved a nearly 10% dividend increase to $0.35 per share quarterly.
Signet Jewelers reported fourth-quarter revenue of $2.3 billion, with same-store sales declining 0.7%. Excluding James Allen and weather impacts, comparable sales grew 1%. The company delivered adjusted operating income of $327 million for the quarter and $515 million for the full year, with adjusted earnings per share growing 7% annually. Free cash flow reached approximately $525 million, up 20% year-over-year. The company repurchased $205 million in shares during fiscal 2026, representing over 7% of shares outstanding. For fiscal 2027, Signet expects revenue between $6.6 billion and $6.9 billion, with comparable sales ranging from down 1.25% to up 2.5%. The company plans approximately 100 store closures and projects adjusted EPS between $8.80 and $10.74. Gross margins faced pressure from higher commodity costs and tariffs.
Signet to close James Allen e-commerce site. News in Brief * Signet Jewelers will shut its James Allen retail website in the second fiscal quarter, which ends in early August, the company announced in its annual results on Thursday. * Signet will repackage the brand as a "proprietary collection" within Blue Nile, its other major e-commerce brand. "Complementary products and styles" will move over to that site. * Rocksbox, which sells secondhand jewelry, will also become a distinct collection within Kay Jewelers, Signet's largest store brand, during the current fiscal year. Rocksbox will operate as part of the Kay team rather than as a stand-alone entity, Signet said in its 10-K annual report. * Group sales were essentially flat in the fourth fiscal quarter that ended January 31, down 0.3% year on year to $2.35 billion. Sales for the full fiscal year were up 1.6% to $6.81 billion. * Group net profit jumped to $250 million for the fourth fiscal quarter from $100.6 million a year earlier. For the full year, net profit rose almost fivefold to $294.4 million, compared with $61.2 million for the previous 12 months. * Same-store sales - at branches open at least a year - dropped 0.7% for the quarter and climbed 1.3% for the year. * The average selling price increased 5% for the quarter and 7% for the year, with growth in bridal and fashion. The Rapaport View Management's decision to "sunset" the Jamesallen.com site - to use Signet's term - and to absorb Rocksbox within Kay appears to reflect efforts to make the group more efficient. James Allen has struggled recently. Signet incurred a $13 million impairment charge on the James Allen trade name last year. The brand's sales dropped 33% to $142.5 million for the fiscal year. Revenue at Blue Nile, a larger and arguably better-known brand, slipped 2% to $339 million. "As part of our ongoing brand- and digital-transformation efforts, we are continuously evaluating and implementing changes to our brand portfolio and digital platforms, including aligning brands, evolving digital brand strategies, and, in certain cases, consolidating or sunsetting stand-alone digital experiences," Signet said in the 10-K. Signet said it was assuming a negative effect on revenue of $60 to $80 million because of the James Allen transition, with a "minimal impact" on operating income. Growth in full-year sales for the group resulted from "filling merchandise assortment gaps at key price points both in fashion and in bridal, particularly in the largest brands," the company said. The company had already released sales estimates for the period last week.