12/20/2023 0 Comments Zales jewelry outlet![]() If you just want to pick up something quick, find the nearest Zales outlet. They form the guts of the jewelry trade in major cities such as New York, Chicago, London, Paris, etc. Zales Customer Service?īy definition a certified gemologist does not work in a mall. You are surrounded by polished wood and glass, with hundreds of diamonds (among other things) pre-mounted on settings displayed in the best possible light (Zales stores have great lighting). When you walk into a Zales outlet, you will be amazed at its beauty. Zales customers are far more likely to buy on the first visit than a diamond savvy customer such as you. If you have higher overhead and a generally less diamond savvy customer base, do you charge them a super competitive price? The math doesn’t work, so generally no. This means those same jewelers pay 1/50 of the rent, making their overhead costs much lower. For example, when you walk into a store in NYC’s Diamond District 40-50 jewelers occupy the same space as a single Zales retail outlet. The end result is that their overhead costs are lower (which, as you can see from above means your costs are lower too!) and they deliver a better, more customized product. Specialist jewelers (like many of those listed at Jewelers.NYC) are often more educated, inventory less, and design your ring before they build it. ![]() *As of 29 November 2014 New York Jewelers We then added that diamond to a 2mm wide simple platinum setting. ![]() We test priced a ½ carat round, F color, VS2 diamond of the highest possible cut. Here are the results from and in an online shopping comparison. It comes as no surprise that the cost of a nearly identical engagement ring is about 34% more at – it’s all about the overhead. The difference, 33.1%, largely goes to you, the jewelry, buyer in savings. For every dollar that online diamond store Blue Nile receives, Blue Nile pays 15.4% overhead. For every dollar Zales takes in in revenue, it pays out 48.5% in overhead (S.G. This stands for Sale (commissions) and General (rent) and Administrative Costs. Higher is good here – this means they are selling it to you for closer to what they paid for it. This is the percentage of what you pay for you diamond that the store pays to acquire it. Source Zale Corporation and Blue Nile Inc. Below is a side-by-side comparison of Zale Corporation and Blue Nile’s 2013 income statement as a percentage of revenue. Zales has to charge you more just to pay the bills. When you walk into a Zales jewelry store, you are paying for big overhead and extensive inventory costs. This is neither good nor bad, but if you shop at Zales most of the time convenience is the driving factor (in our humble view). ![]() Jewelers.NYC readers are more pedantic about their diamond purchase. Zales offering is fine for a specific demographic, because they offer a one visit, “buy and go” experience. You will notice that we don’t generally list national jewelry store chains on our site. Buyers at these stores don’t need us. Visit: JAMES ALLEN – Jewelers.NYC’s Online Discount Diamond Store of the Year – 2017 (~40% off) Most Popular: Round> GIA> Ideal Cut>VS2 Clarity> G Color> One Click 1/2 Carat | 3/4 Carat | 1 Carat | 1-1/2 Carat | 2 Carat | 2-1/2 Carat | 3 Carat Zales CustomersĪt Jewelers.NYC, we specialize in educating our readers, and more importantly matching them with the perfect Jeweler who can deliver their exact requirements. Today between Zales, Zales Outlet and Gordons, Zale Corporation (ticker ZLC) operates almost 1000 Zales locations across America, primarily in high traffic malls and online at Know The Wholesale Diamond Price Before You Go. By 1930 the business had grown to 30 stores focused entirely on jewelry. ![]() It is there they opened the first “Zales Jewelers Store” inside a larger department store that sold everything from furniture to crop seed. Zales was founded in 1924 in Wichita Falls, Texas by Morris Zale, William Zale, and Ben Lipshy. We estimate that the store’s jewelry is owned by at least 10% of the adult population in the United States, with Zales engagement rings by far their top seller. They operate several well-known jewelry brands. Over the years, Zales has become an integral part of the American landscape. Walk into any major mall in America and you will almost certainly find three stores: a Starbucks, a Crate and Barrel and a Zales outlet. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |