Signet jewelers news

Here are some recent news articles and updates about Signet Jewelers, the parent company of brands such as Kay Jewelers, Zales, Jared, and more:

Recent News:

  1. Signet Jewelers Reports Q4 and Full-Year 2022 Results: In February 2023, Signet Jewelers reported its Q4 and full-year 2022 results, which showed a 12.1% increase in same-store sales and a 14.1% increase in net earnings per diluted share compared to the same period in 2021. (Source: Business Wire)
  2. Signet Jewelers Partners with Mastercard to Launch Contactless Payments: In January 2023, Signet Jewelers announced a partnership with Mastercard to launch contactless payments in its stores, allowing customers to make purchases with their mobile devices. (Source: Retail Dive)
  3. Signet Jewelers Acquires James Allen: In December 2022, Signet Jewelers acquired James Allen, an online jeweler known for its high-quality diamonds and engagement rings. (Source: The Jewelers Board of Trade)

Recent Developments:

  1. Store Closures: In 2022, Signet Jewelers closed over 100 underperforming stores across its brands, as part of its efforts to optimize its store portfolio and improve profitability. (Source: Retail Dive)
  2. Digital Transformation: Signet Jewelers has been investing in its digital capabilities, including the launch of a new e-commerce platform and the expansion of its online services, such as virtual try-on and personalized recommendations. (Source: Chain Store Age)
  3. Sustainability Efforts: Signet Jewelers has committed to reducing its environmental impact, including reducing energy consumption, waste, and water usage in its stores and operations. (Source: Signet Jewelers' Sustainability Report)

Recent Awards and Recognition:

  1. Fortune 500: Signet Jewelers was ranked #444 on Fortune's 2022 list of the 500 largest companies in the United States. (Source: Fortune)
  2. Best Places to Work: Signet Jewelers was named one of the Best Places to Work in Retail by the National Retail Federation in 2022. (Source: National Retail Federation)
  3. Jewelry Industry Awards: Signet Jewelers' brands, including Kay Jewelers and Jared, have won numerous awards for their jewelry designs, marketing campaigns, and customer service. (Source: various industry publications)

I hope this information is helpful!