| Business Summary | | Mayor's
Jewelers
Inc.
is
an
upscale
retailer
of
guild
jewelry,
watches
and
giftware.
The
Company
operates
22
stores
in
Florida,
two
stores
each
in
California
and
Texas,
and
one
store
each
in
Illinois,
Michigan,
Nevada
and
metropolitan
Washington
D.C.,
under
the
Mayor's
name,
and
five
stores
in
the
Atlanta,
Georgia,
metropolitan
area
under
the
Mayor's
and
Maier
&
Berkele
name
(both
referred
to
as
Mayor's).
Mayor's
offers
a
large
selection
of
merchandise
at
many
different
price
points.
This
merchandise
includes
designer
jewelry,
diamond
jewelry,
rings,
wedding
bands,
earrings,
bracelets,
necklaces,
pearls,
charms
and
high-fashion
watches
that
are
often
not
available
from
other
jewelers
in
its
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mayor's
Jewelers,
Inc.
is
primarily
engaged
in
the
sale
of
jewelry,
watches
and
giftware
through
stores
in
Florida,
California,
Texas,
Illinois,
Michigan,
Nevada,
Georgia
and
Washington,
D.C.
For
the
13
weeks
ended
5/5/01,
revenues
increased
3%
to
$36.2
million.
Net
loss
totalled
$7.4
million,
up
from
$3.3
million.
Revenues
reflect
contributions
from
new
locations.
Higher
loss
suffered
from
increases
in
store
operating,
selling,
advertising
and
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Issac Arguetty, 54 Chairman,
CEO | $893K | David Boudreau, 42 CFO,
Sr. VP-Fin., Treasurer, Director | 362K | Marc Weinstein, 46 COO,
Sr. VP, Director | 329K | Richard Bowers, 49 Gen.
Counsel, Sec., Sr. VP of Legal | 268K | Dollar amounts are as of 29-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|