256:
339:; under the settlement, Sterling Jewelers does not have to pay a monetary sum and does not acknowledge any wrongdoing, but agreed to adopt new anti-discrimination policies and to hire an independent expert to review the company's compensation and promotion policies. The EEOC settlement does not affect the separate class action proceeding.
251:
Signet
Jewelers, based in the UK, is a specialty retail jeweler, with stores in the United States, United Kingdom, Canada, Republic of Ireland, Puerto Rico, and Channel Islands. Approximately 78% of company sales are derived from the 12 different store brands operating in the U.S. They include Belden
327:
in return for promotions and higher pay. Signet
Jewelers's CEO Mark Light and other senior executives were among those accused of demanding sexual favors. The former employees also accuse Sterling of wage violations, contending that women at the company were "systematically paid less than men and
351:. The Bureau's investigations concluded that Sterling violated the Consumer Financial Protection Act of 2010 by signing customers up for store credit without their knowledge or consent and enrolling them in payment-protection insurance. The investigations also found that the company violated the
267:
According to the company's
February 2, 2008, Annual Report & Accounts, Sterling has the number-two position in the U.S. with a 4.2% market share of all jewelry purchases. Sterling has a leading 8.8% market share in the specialty jeweler market share (highest in the sector).
252:
Jewelers, Ernest Jones, Goodman
Jewelers, H.Samuel, JB Robinson Jewelers, JamesAllen.com, Jared, Kay Jewelers, Le Roy's Jewelers, Marks & Morgan Jewelers, Osterman Jewelers, Peoples, Piercing Pagoda, Rogers Jewelers, Shaw's Jewelers, Weisfield Jewelers, Zales, and Mappins.
275:, making a number of donations to many of the hospital's building, clinical, and research projects. In February 2015, the company's senior vice president of field operations estimated that the company's past commitments to the St. Jude amounted to more than $ 90 million.
663:
The company has been locked in an arbitration battle for nearly a decade with hundreds of former employees who allege that women were accosted, pressured into sex for advancement or protection, and routinely paid less than
633:
355:
when customers were signed-up for credit-card accounts without receiving an application from them. Sterling's parent company, Signet
Jewelers Ltd, refuted the allegations but then accepted the settlement.
318:
made by about 250 women and men who worked for the company. The declarations state that men in supervisory roles at Kay
Jewelers and Jared the Galleria of Jewelry sexually harassed younger saleswomen by
364:
In April 2019, Sterling
Jewelers announced the closure of 150 stores, mostly in mall locations that see poor foot traffic or with duplicate stores in the Sterling chain (such as a Kay and a Zales).
731:
849:
844:
854:
753:
775:
606:
29:
803:
677:
285:
In August 2017, it was announced that Signet
Jewelers Ltd. agreed to buy R2Net, owner of online jewelry retailer JamesAllen.com, for $ 328 million.
272:
859:
332:
231:. The company was founded in 1910 by Henry Shaw (the father of Jerry Shaw, the chairman emeritus of Sterling today), from LeRoy's Jewelers in
864:
348:
255:
335:
brought sex discrimination claims against the company in 2008. In May 2017, the EEOC and
Sterling Jewelers settled the case by a
282:, with Zale shareholders receiving US$ 21 per share in cash in a US$ 1.4 billion deal. This merger created a $ 6.2 billion firm.
568:
654:
387:
701:
481:
445:
240:
328:
passed over for promotions given to less experienced male colleagues." The company denies the allegations.
807:
586:
610:
525:
405:
352:
718:
28:
682:
638:
310:
157:
678:"Second Circuit Decision Resuscitates EEOC's Gender Discrimination Suit Against Sterling Jewelers"
812:
687:
400:
298:
655:"Company that owns Kay and Jared jewelry chains hit with allegations of rampant discrimination"
294:
260:
279:
236:
150:
336:
145:
503:
838:
547:
347:
On
January 16, 2019, Sterling Jewelers paid $ 11 million under a settlement with the
324:
96:
293:
Sterling Jewelers is being sued by 69,000 female employees and former employees for
302:
232:
732:"Consumer Financial Protection Bureau Settles Claims with Sterling Jewelers, Inc"
634:"Hundreds allege sex harassment, discrimination at Kay and Jared jewelry company"
305:
224:
86:
39:
754:"Ohio-based Sterling Jewelers to pay $ 11M settlement over credit practices"
315:
220:
117:
49:
779:
658:
591:
320:
827:
207:
702:"Sterling Jewelers Settles Charges of Bias Against Female Workers"
254:
776:"Owner of Kay Jewelers, Zales and Jared to close 150 more stores"
587:"Kay Jewelers parent Signet to buy rival Zale for $ 690 million"
401:"Sterling Jewelers' parent reports record first-quarter results"
228:
90:
127:
271:
Since 2009, Sterling Jewelers has been a corporate sponsor of
235:. Sterling Jewelers is a wholly owned subsidiary of UK-based
676:
Mark W. Batten; Jessica N. Childress (September 11, 2015).
804:"The Company That Sells Love to America Had a Dark Secret"
719:"Sterling Jewelers settles U.S. agency's sex bias claims"
607:"Signet Jewelers buys online retailer for $ 328 million"
278:
In February 2014, Signet Jewelers Ltd. agreed to buy
243:
under the symbol SIG), having been acquired in 1987.
289:
Sex discrimination and sexual harassment proceedings
202:
156:
144:
134:
123:
113:
103:
81:
73:
55:
45:
35:
615:, August 28, 2017. Retrieved on August 28, 2017.
653:Wiener-Bronner, Danielle (February 27, 2017).
323:, making demeaning comments, and demanding of
8:
21:
756:. WCMH. Associated Press. January 17, 2019
627:
625:
623:
621:
476:
474:
472:
470:
468:
466:
464:
440:
438:
436:
434:
432:
430:
428:
426:
424:
20:
569:St. Jude announces new $ 50M partnership
373:
333:Equal Employment Opportunity Commission
850:American companies established in 1910
845:Jewelry retailers of the United States
734:. Consumer Financial Protection Bureau
458:See the logos at the top of the page.
273:St. Jude Children's Research Hospital
7:
855:Retail companies established in 1910
349:Consumer Financial Protection Bureau
632:Harwell, Drew (February 27, 2017).
383:
381:
379:
377:
446:"J.B. Robinson Jewelers Locations"
16:American specialty jewelry company
14:
585:Wahba, Phil (February 19, 2014).
482:"The Sterling Family of Jewelers"
27:
860:Companies based in Akron, Ohio
308:proceeding, In February 2017,
1:
865:1910 establishments in Ohio
183:Marks & Morgan Jewelers
881:
612:Crain's Cleveland Business
406:Crain's Cleveland Business
343:Credit card practices case
314:obtained and reported on
259:A Jared-branded store in
223:company headquartered in
219:is an American specialty
26:
721:, Reuters (May 5, 2017).
573:Memphis Business Journal
208:www.SterlingJewelers.com
109:1,586 stores (Feb. 2018)
504:"About Signet Jewelers"
241:New York Stock Exchange
237:Signet Jewelers Limited
217:Sterling Jewelers, Inc.
61:; 114 years ago
22:Sterling Jewelers, Inc.
264:
808:Taffy Brodesser-Akner
258:
575:(February 19, 2015).
353:Truth in Lending Act
174:JB Robinson Jewelers
59:August 14, 1910
683:National Law Review
639:The Washington Post
448:. Sterling Jewelers
311:The Washington Post
136:Number of employees
130:3.82 billion (2017)
105:Number of locations
23:
813:The New York Times
810:, April 23, 2019,
706:The New York Times
688:Proskauer Rose LLP
299:sex discrimination
265:
195:Weisfield Jewelers
140:13,901 (Feb. 2018)
717:Daniel Wiessner,
550:. Signet Jewelers
528:. Signet Jewelers
526:"Regional Brands"
506:. Signet Jewelers
484:. Signet Jewelers
295:sexual harassment
263:in September 2012
261:Hillsboro, Oregon
214:
213:
186:Osterman Jewelers
872:
831:
830:
828:Official website
791:
790:
788:
786:
772:
766:
765:
763:
761:
750:
744:
743:
741:
739:
728:
722:
715:
709:
698:
692:
691:
673:
667:
666:
650:
644:
643:
629:
616:
605:Suttell, Scott.
603:
597:
596:
582:
576:
566:
560:
559:
557:
555:
544:
538:
537:
535:
533:
522:
516:
515:
513:
511:
500:
494:
493:
491:
489:
478:
459:
457:
455:
453:
442:
419:
418:
416:
414:
397:
391:
385:
331:Separately, the
280:Zale Corporation
210:
180:LeRoy's Jewelers
168:Goodman Jewelers
69:
67:
62:
31:
24:
880:
879:
875:
874:
873:
871:
870:
869:
835:
834:
826:
825:
822:
800:
798:Further reading
795:
794:
784:
782:
774:
773:
769:
759:
757:
752:
751:
747:
737:
735:
730:
729:
725:
716:
712:
700:Rachel Abrams,
699:
695:
675:
674:
670:
652:
651:
647:
631:
630:
619:
604:
600:
584:
583:
579:
567:
563:
553:
551:
546:
545:
541:
531:
529:
524:
523:
519:
509:
507:
502:
501:
497:
487:
485:
480:
479:
462:
451:
449:
444:
443:
422:
412:
410:
399:
398:
394:
390:(Annual report)
386:
375:
370:
362:
345:
291:
249:
239:(listed on the
206:
198:
192:Shaw's Jewelers
189:Rogers Jewelers
165:Belden Jewelers
151:Signet Jewelers
137:
106:
99:
93:
65:
63:
60:
17:
12:
11:
5:
878:
876:
868:
867:
862:
857:
852:
847:
837:
836:
833:
832:
821:
820:External links
818:
817:
816:
799:
796:
793:
792:
767:
745:
723:
710:
708:(May 5, 2017).
693:
668:
645:
617:
598:
577:
561:
539:
517:
495:
460:
420:
409:. May 26, 2011
392:
388:2017 Form 10-K
372:
371:
369:
366:
361:
360:Store closings
358:
344:
341:
337:consent decree
301:in an ongoing
290:
287:
248:
245:
212:
211:
204:
200:
199:
197:
196:
193:
190:
187:
184:
181:
178:
175:
172:
169:
166:
162:
160:
154:
153:
148:
142:
141:
138:
135:
132:
131:
125:
121:
120:
115:
111:
110:
107:
104:
101:
100:
95:
85:
83:
79:
78:
75:
71:
70:
57:
53:
52:
47:
43:
42:
37:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
877:
866:
863:
861:
858:
856:
853:
851:
848:
846:
843:
842:
840:
829:
824:
823:
819:
815:
814:
809:
805:
802:
801:
797:
781:
777:
771:
768:
755:
749:
746:
733:
727:
724:
720:
714:
711:
707:
703:
697:
694:
689:
685:
684:
679:
672:
669:
665:
660:
656:
649:
646:
641:
640:
635:
628:
626:
624:
622:
618:
614:
613:
608:
602:
599:
594:
593:
588:
581:
578:
574:
570:
565:
562:
549:
543:
540:
527:
521:
518:
505:
499:
496:
483:
477:
475:
473:
471:
469:
467:
465:
461:
447:
441:
439:
437:
435:
433:
431:
429:
427:
425:
421:
408:
407:
402:
396:
393:
389:
384:
382:
380:
378:
374:
367:
365:
359:
357:
354:
350:
342:
340:
338:
334:
329:
326:
325:sexual favors
322:
317:
313:
312:
307:
304:
300:
296:
288:
286:
283:
281:
276:
274:
269:
262:
257:
253:
246:
244:
242:
238:
234:
230:
226:
222:
218:
209:
205:
201:
194:
191:
188:
185:
182:
179:
176:
173:
170:
167:
164:
163:
161:
159:
155:
152:
149:
147:
143:
139:
133:
129:
126:
122:
119:
116:
112:
108:
102:
98:
92:
88:
84:
80:
76:
72:
58:
54:
51:
48:
44:
41:
38:
34:
30:
25:
19:
811:
783:. Retrieved
770:
758:. Retrieved
748:
736:. Retrieved
726:
713:
705:
696:
681:
671:
662:
648:
637:
611:
601:
590:
580:
572:
564:
554:February 13,
552:. Retrieved
542:
532:February 13,
530:. Retrieved
520:
510:February 13,
508:. Retrieved
498:
488:February 13,
486:. Retrieved
452:February 13,
450:. Retrieved
411:. Retrieved
404:
395:
363:
346:
330:
316:declarations
309:
292:
284:
277:
270:
266:
250:
233:Lorain, Ohio
216:
215:
177:Kay Jewelers
82:Headquarters
36:Company type
18:
760:January 18,
738:January 18,
306:arbitration
839:Categories
368:References
77:Henry Shaw
66:1910-08-14
40:Subsidiary
158:Divisions
785:April 5,
780:CBS News
659:CNNMoney
548:"Stores"
413:June 12,
114:Products
46:Industry
592:Reuters
321:groping
247:History
221:jewelry
203:Website
124:Revenue
118:Jewelry
74:Founder
64: (
56:Founded
146:Parent
50:Retail
806:, by
303:class
225:Akron
171:Jared
87:Akron
787:2019
762:2019
740:2019
664:men.
556:2019
534:2019
512:2019
490:2019
454:2019
415:2011
297:and
229:Ohio
128:US$
97:U.S.
91:Ohio
841::
778:.
704:,
686:.
680:.
661:.
657:.
636:.
620:^
609:,
589:.
571:,
463:^
423:^
403:.
376:^
227:,
94:,
89:,
789:.
764:.
742:.
690:.
642:.
595:.
558:.
536:.
514:.
492:.
456:.
417:.
68:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
