Who Owns Kay Jewelers? (Secrets Revealed)

Last Updated on August 10, 2022

The American retailer, Kay Jewelers, is one of the country’s best-known jewelry chains with over 900 stores and a shop in many malls across the country. Although the brand is well-known for its physical location, they have been increasing online sales to compete with other merchants in recent years.

But how much do you really know about Kay Jewelers and what the company is about? Keep on reading to learn more about the company.

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Who Owns Kay Jewelers?

Signet Jewelers is the current owner of Kay Jewelers. Signet is a publicly traded company with over 3,600 stores worldwide, making it the largest specialty jewelry retailer in the world.

The first Kay Jewelers store was founded in Reading, Pennsylvania, by brothers Edmund and Sol Kaufmann in 1916. The first shop initially provided a lot more than jewelry, including eyeglasses and musical jewelry to name a few things.

Kay’s focuses on delivering high-end, stylish jewelry and timepieces. Kay’s is now a part of Sterling Jewelers Inc., which, within its parent company, Signet Jewelers, serves as the world’s largest jewelry retailer with brands including Zales, H. Samuel, Ernest Jones, and Peoples.

Where Is Kay Jewelers Headquarters Located?

Kay Jewelers headquarters are located at 3265 W Market Street, Akron, OH 43603. There are around 18,000 workers employed by the stores at various sites.

Is Kay Jewelers Good Quality?

On the contrary, they are one of Sterling Jewelers’ premium brands, however while the pricing is certainly on the higher side of the jewelry market, their diamonds are of low quality.

Are Kay Jewelers’ Rings Manufactured in China?

The diamonds in their rings come from various members of the RJC group. The diamonds are verified, and they come with AGS or GIA’s formal certification. What this indicates is that the stones are genuine and certified. They have a superb cut, which will make you feel relieved to learn that the diamond’s grades include seven distinct clarity levels.

The Kimberley Process is used to certify that the diamonds are conflict-free. These conflict-free diamonds are certified by KPCS, which has also verified the toughest diamonds in order to assure conformance. Kay Jewelers just like other Signet businesses purchases all of its diamonds from RJC members who follow the ethical standards set out by the Responsible Jewellery Council or RJC.

The I1 clarity diamonds are used by Kay. These diamonds are commonly included in engagement rings that have been pre-set. However, instead of opting for a pre-set ring, you should go for the real diamond set first because the pre-set options might not fulfill your clarity standards.

The cut, clarity, color, and carat weight of the diamonds are the best among all other diamond qualities. The princess, round, cushion, pear, oval, and emerald-cut diamonds are some of the shapes available.

Should You Consider Buying Kay Jewelers?

If you are looking for a wide range of choices and settings for your engagement ring, then Kay Jewelers is a good choice. With more than 900 stores across the country, it will be easy for you to find a location near you.

They offer a variety of services including repairs, cleanings, and appraisals. You can also find a wide selection of jewelry for special occasions such as anniversaries and birthdays. They also have scheduled sales, perfect for people who wants to save.

What Is Kay Jewelers Return Policy?

Kay’s provides a typical return policy: you may get a full refund or an exchange if you aren’t satisfied with your ring within 60 days of purchase at any Kay Jewelers shop in the US. Refunds are available through the online store, but exchanges must be completed in-store.

Customized made (custom-designed) items or personalized engraved pieces can not be returned or exchanged, so if you’re planning on doing it, make sure you’re 100% committed.

Is Kay Jewelers a Good Deal?

Kay Jewelers isn’t the cheapest in the business when it comes to pricing. You may anticipate to pay 30%-$100 more than other internet-only boutiques. This is mostly due to the fact that the store began as a bricks and mortar location and still has a strong, off-line retail presence.

They can’t always bring their prices down as low as their rivals because it wouldn’t be profitable to compete against them in their physical shops. Of course, branding costs also play a role here.

Jackie Palmer is a Houston-based coin journalist and fashion enthusiast. She joined Jewels Advisor’s content team after years of experience as a content strategist, managing blogs and social channels for local stores. Jackie mostly collects and studies US coins produced during the 20th century and over the years, published hundreds of articles for multiple coin publications.