Summer 2026
Posted on 5/16/2026
Retailer of diamond jewelry and financing
$21.25/hr
New York, NY, USA
In Person
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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
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Anglo has chosen De Beers buyer, Botswana official says. INSTORE names Krista Collins Walters publisher. James Allen co-founder roie Edelman leaves Signet. It's the Jewelry Wire's daily digest for fri., july 17. 2026. Ad support from GN Diamond. Jul 17, 2026 GN Diamond: Where great prices lead to true partnerships. The diamond source that thousands of jewelers trust. Botswana official says Anglo has picked De Beers buyer - but the country isn't on board yet. This story was updated at 12 PM ET. Anglo American has chosen a buyer for its 85% stake in De Beers, but Botswana still may choose to exercise its right of refusal, a government official told lawmakers Friday, according to Reuters. "Anglo American ran a competitive process involving three shortlisted bidders, and has since identified a preferred bidder, the Global Diamond Consortium," Moeti Mohwasa, Botswana's minister for state president, defense, and security, said Friday, the news agency said. He added he expected the deal to be done by the end of the year. Mohwasa said the consortium's proposal includes fellow diamond producers Angola and Namibia, which he reportedly called "most welcome," but he didn't indicate if Botswana had joined the group. Botswana already owns 15% of the company. Botswana has "complete freedom to proceed either alongside the preferred bidder as a partner or to exercise its preemption rights alone or with a third party," Mohwasa was quoted as saying. He also did not disclose who is heading the winning consortium, though the two finalists have been reported to be former De Beers CEO Gareth Penny, and Nir Livnat, executive chairman of sightholder Diacore. * Of note: The Namibian press has described Penny's investment fund, Ninety-One, as a "global diamond consortium." * Post-publication update: Bloomberg is reporting that Anglo picked Penny's consortium. Anglo first put its 85% stake in De Beers up for sale in May 2024. A De Beers spokesperson tells The Jewelry Wire that "Anglo American is progressing the sale process and will provide updates at the appropriate time." Mohwasa didn't respond to a request for comment at his listed email. Anglo referred to De Beers' comment. Krista Collins Walters named INSTORE's publisher. SmartWork Media has promoted Krista Collins Walters to publisher of INSTORE and vice president of jewelry. Walters was previously associate publisher and national sales manager. She has worked for the company since 2007. James Allen co-founder leaves Signet. Roie Edelman, one of the co-founders of the James Allen e-tail site, announced on LinkedIn he is leaving Signet after nine years with the company... In March, Signet announced it was "sunsetting" the James Allen brand, after buying it for $328 million in 2017. In January, Edelman said he'd been given the title of Signet's vice president, quality control and operations. Edelman is the brother of Oded Edelman, the former CEO of James Allen, who left Signet in October 2024. Quote of the day. "It would help enormously if sustainability were treated not as a marketing story but as a lifestyle, as an approach to doing things ...That's what sustainability should be - something that inspires you to lead a better life in all its aspects." - Oris CEO Rolf Studer, to WatchPro Worthy weekend watch. The Telegraph just introduced "The Diamond King," a four-part podcast on the rise and fall of Nirav Modi - told by the two reporters who eventually tracked him down. Part one is below; subscribe to the rest here. Today's jewelry links feature Cartier, Ekati, De Beers, Rolex, Bucherer, Watches of Switzerland, PNJ, Cyrille Vigneron, Jeff Pancis, Avi Krawitz, the Hamptons Jewelry Show, tariff refunds, Marie Antoinette, the Millennium Dome diamond robbery, home piercings causing deformities, artificial intelligence, and Kesha's bizarre technique for making jewelry.
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.