Latest List Of Going Out Of Business Jewelry Stores Amid COVID-19
The coronavirus pandemic has worsened the situation for all retailers, the jewelry industry is no exception. The trend of businesses shutting down due to COVID-19 keeps increasing every day. Here’s the list of going out of business jewelry stores that we have collected for you!
Is Signet Jewelers going out of business?
Signet Jewelers is the world’s largest retailer of diamond jewelry. The company was founded in 1949 and expanded rapidly in the late 1980s and early 1990s. Signet Jewelers owns and operates the companies Zales, Kay Jewelers, Jared, JamesAllen.com, and others.
Signet Jewelers owns and operates the companies Zales, Kay Jewelers, Jared, JamesAllen.com, and others.
In July 2020, Signet Jewelers announced that it would not reopen about 380 U.S. and European stores after the shutdown. In 2021, the company is planning on closing more than 100 of its locations to focus on its online platforms. You can check out the latest Zales coupons, Kay Jewelers coupons, Jared coupons, and James Allen coupons here at FindCouponHere.
Is Tiffany & Co. still in business?
Tiffany & Co. is an American luxury jewelry and specialty retailer that was founded in 1837 by Charles Lewis Tiffany. The company is well-known for its high-end goods, particularly its diamonds and sterling silver jewelry.
Tiffany & Co. is well-known for its high-end goods.
In July 2020, Tiffany & Co. decided to temporarily close all its stores in the U.S. and Canada as COVID-19 continues to affect the community. Later, LVMH purchased Tiffany & Co. for $15.8 billion in January 2021.
Is Pandora going out of business?
Pandora is a Danish jewelry manufacturer and retailer that was founded in 1982. The company specializes in charm bracelets, designer rings, necklaces, and watches. Pandora soon became the world’s third-largest jewelry company in terms of sales, after Cartier and Tiffany & Co.
Pandora soon became the world’s third-largest jewelry company.
In 2020, due to the COVID-19 pandemic, 80% of Pandora’s 2700 stores around the world were closed. However, in 2021, Pandora announced that the lockdown had forced it to close 25% of its stores. However, you can still the best Pandora coupons and discount codes while shopping online at FindCouponHere.
Is Charming Charlie going out of business?
Charming Charlie is a women’s contemporary fashion and accessories retailer based in Houston, Texas. The company was founded in 2004 by Charlie Chanaratsopon. The brand offers a wide variety of women’s apparel and jewelry, all arranged by color. After filing for bankruptcy in 2017, the company attempted to reorganize and continue operations.
Charming Charlie offers a wide variety of women’s apparel and jewelry.
In 2019, Charming Charlie filed for a second bankruptcy and planned to close all 261 of its stores. However, the company founder acquired the chain’s trademarks with plans to revive Charming Charlie as an omnichannel retailer in the future. You can check out Charming Charlie's digital platform and get their exclusive Charming Charlie discount codes and deals here at FindCouponHere.
Is Alex and Ani going out of business?
Alex and Ani is an American retailer and producer of jewelry located in Cranston, Rhode Island. The company was founded in 2004 by Carolyn Rafaelian. The company’s name also comes from the combination of Rafaelian’s two daughters’ first names.
Alex and Ani has been struggling amid the pandemic and closed some of its stores.
The company has been struggling amid the pandemic and closed some of its stores, like other retailers. It also laid off or furloughed most of its staff and lost a large portion of its revenue. However, the company believes that the business can make a comeback when everything gets better.
That concludes our list of going out of business jewelry stores. To keep yourself updated with the latest news, you can sign up for your email address. Our team will make sure to inform you of the latest news as well as the well-known stores’ deals and promotions.
