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  September 5, 2001
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Home > Company Index > Specialty Retail > Jewelry Retailing > Mayor's Jewelers, Inc.

Mayor's Jewelers, Inc.
AMEX: MYR
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 PROFILE
The engagement ring has been returned to retailer Mayor's Jewelers, and the company formerly known as Jan Bell Marketing is going it alone. The upscale jewelry chain (where the average price is almost $1,200 per item) operates 35 Mayor's and Maier & Berkele stores, mostly in Florida. The company focuses on 14 and 18 karat gold, platinum, and sterling silver designer jewelry, plus watches and giftware. Mayor's deal to run the jewelry departments at Sam's Club warehouse stores was terminated in early 2001, which meant a loss of more than 450 Sam's locations and about 55% of Mayor's sales. Since then, the company has lost its president (Samuel Getz, grandson of the founder) and has put itself up for sale.

 COMPETITION
Helzberg Diamonds (dossier)
Signet Group plc (SIGY)
Zale Corporation (ZLC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 181.30
1-Yr. Sales Growth: 16.7%
Employees: 842
Revenue per employee: $215,320.67

 KEY PEOPLE
• Isaac Arguetty
    CEO
• David Boudreau
    CFO

 CONTACT INFO
14051 NW 14th St.
Sunrise, FL 33323
US
Phone: 954-846-2709
Fax: 954-846-2715
Online: Web Site

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