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Kay Jewelers to open New York City store

Monday, 13th June 2005 (8191 views)

One of the biggest specialty jewelry brands in the US, Kay Jewelers, is to open a new store in New York City this month.

The new Kay Jewelers emporium will be located at 136 West 34th Street in Manhattan.

Specialising in middle-market jewelry items, including gold, coloured gemstones, Swiss timepieces and diamonds, Kay Jewlers is located primarily in malls and shopping centres across North America.

Its parent company, Sterling Jewelers, is the US subsidiary of London-based Signet Group, one of the largest jewelry corporations in the world.

"Investing in quality real estate, such as those in metropolitan areas, is one of the factors that have contributed to our industry-leading growth," Terry Burman, chairman and CEO of Sterling Jewelers, stated.

"And, while we follow strict criteria when evaluating our real estate investments, we believe that the quality of our prime store portfolio, together with our regular investment in mall store openings, refurbishments and relocations, merchandising and marketing, clearly gives us a competitive advantage and contributes to our industry-leading results."

Sterling Jewelers operates more than 1,170 stores in all 50 US states and employs more than 15,000 people.track

 

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