Jared Jewelers: An Overview
Jared, is a jewelry store that features an outstanding collection of masterpieces with varying designs and styles, for couples to choose from. Goint to the store is one memorable shopping experience to have – with an array of elegant and gorgeous jewelry to choose from, like buying an engagement ring for one’s betrothal.
The first Jared outlet opened in 1993, and rolled out its operations in 1998 to become the megalith business that it is today. The company is the leading non-mall jewelry outlet in terms of market sales. Jared Jewellers accounts for twenty five percent (25%) market share of Signet sales in fiscal year ending, 2012. It is now ranked as the fourth (4th) largest jewelry store in the United States.
Details of Jared Jeweler’s earning performance showed a growth rate in dollar values, from $752.5m for fiscal year 2008 to $956.8m for fiscal year ending 2012 – or an average growth rate of five percent per annum (5%). The number of stores have also grown – from 154 stores in 2008 to 183 stores in 2012 or an increased of approximately six (6) stores per year. The significant increase in Jared Jewelers performance may be attributable to its wide selection of merchandise, coupled with the excellent service given by the store staff to all its clients.
*Engagement And Wedding Rings
There are many items with which to choose from. Among these would be the engagement and wedding shop lines that carries with it a price tag of say, $399.99 for a simple solitaire 1/5 carat 14k, round cut white gold ring to the princely sum of $5,999 for a diamond engagement ring 2.3 oval cut 14K white gold. There are various cuts of diamonds to choose – from round cut, titanium cut, princess cut and oval cut for the women; and tungsten carbide, titanium and white gold for men. The prices would vary too for every style, design, and stone. For engagement rings for women, prices would range from $349.99 to $5,999 plus depending on style, design and stone. For men’s band, the prices would range $99.99 for rings made from titanium, to men’s diamond band of round cut 10K white gold, in the amount of $399.99.
Other choices would include the Designer’s collections like – Leo Diamond, Peerless Diamond, Hearts Desire, Scott Kay and many others. Clients may also decide to design their own rings based on the different choices of settings that are available on file and the budgets that they may have.
There are a variety of selections that one can choose from. For diamonds, the selections would range from – loose diamonds, rings, pendants, earrings, bracelets, charms and many others. The prices would vary from the design and the cut of the diamond. It can go from as low as $79.99 for a simple diamond necklace made of sterling silver to diamond bangles in white or rose gold, with a price tag of $7,492.19.
Other choices would also include the Designer’s collection: Leo and Peerless Diamond, Scot Kay, Le Vian and many others. The choices from these groups would tend to be more on the higher end, and therefore would be priced higher. However the style and cuts of the stones, would more than make up for the increase in price.
The varied display of gemstones from the stores ranged from alexandrite, amethyst, aquamarine, citrine, cultured pearls, emerald, garnet, onyx, ruby, sapphire, topaz, peridot, birthstones and many others. The varied gemstones can be truly remarkable, especially when beautifully set in either gold or silver. Depending on the cut and light source, the gem can turn into an alluring burst of colors that is always a conversation starter whenever it is used.
One can browse through a selection in the category of either: for men, women, pocket watches, or watch winders. There are branded selection like Tag Heur, Raymond Weil, Movado, Bulova, Citizen, Gucci and many others. The price range can go from as low as the $150 Citizen’s Silhouette Women’s Watch, to the $4,250 Raymond Weil Automatic Chronograph watch, that are on display.
Jared Jewelers Outlets are free-stand alone sites, positioned in high traffic areas and commuter through-lanes. You can see them near shopping areas and major thoroughfares. Outlets positioned in the retail commercial areas, would normally have as neighbors – strong retail outlets, homes depots and smaller specialty stores. The typical Jared Jewelers store has a spacious selling area of around 4,800 square feet and approximately 6,000 square feet of total store space.
All Jared Jewelers Store has an on-site craftsman that are tasked to do repairs and re-design. Most repairs can be done within an hour while the more complex ones can take more time or days. The craftsmen can also do custom design jewelries, depending on client preferences. Other services include jewelry mountings – like diamonds and other precious stones that are re-mounted into their proper settings.
Jared stores gives lifetime guarantees to all diamonds and precious gemstone buyers. The only requirement would be a six (6) month inspection and documentation that should be performed by authorized representatives from the outlet. The store guarantees the accurate weight in carat and the accurate weight of the gold mountings for all products sold and serviced.
The Store Gives Guarantees On:
* Stone Replacement
All stones shall be replaced if they become chipped, lost, or break from its original setting due to ordinary wear and tear. For the guarantee to remain in effect, the precious stones must be inspected every six (6) months by authorized Jared technicians or craftsmen at the jewelry store. All repairs should also be done by authorized Jared representatives.
* Mounting Guarantee
The store gives one (1) year guarantee for all mountings in precious stones either in material or workmanship. A guarantee is given that repairs and replacement is in order, without cost to the client, if defects are found within the guarantee period.
* Lifetime Trade-In Policy For Diamonds
Jared jewelers outlets give free lifetime trade-in of diamonds at double their trade-in value. The trade-in value is the original cost of purchase less provisions for tax and shipping. All purchases, whether in the store or online, can be eligible for trade-ins in all Jared jeweler store outlets only, not in online stores.
* Lifetime Free Cleaning and Inspections
Jared jewelers outlets give free cleaning and inspection of all diamond and gemstone jewelry brought into its premises for servicing.
* Return and Exchange Policy
Jared jewelers gives a thirty (30) day option, that in case the client is not satisfied with his purchase, for whatever reason – he is given the right to return it within the allowable time period of thirty (30) days. He is also given the option to have it replaced with other jewelry of his choice. Customed designed articles however, engraved with personalized etchings is not covered by this policy.