Jewelry Television Named Thirteenth Largest Jewelry Retailer

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JTV inches up in rank on National Jeweler’s $100 Million SuperSellers list.

Our mobile website, mobile app and sms initiative continue to drive new business. It is exciting to be on the cutting-edge of this industry, especially as we turn the corner and continue to grow.

Jewelry Television®, the nation’s leading broadcast retailer of jewelry and gemstones, ranked no. 13 in National Jeweler’s $100 Million SuperSellers 2012 list. JTV inched up from last year’s no. 14 spot.

National Jeweler’s exclusive industry analysis, The State of the Majors 2012, features its annual $100 Million SuperSellers report, which ranks the nation’s largest jewelers according to annual sales. National Jeweler collects survey data from the nation’s largest jewelers every year. The survey criteria evaluate overall performance, sales growth, and trends and developments. JTV was ranked against 36 other companies, including Sterling Jewelers Inc., Walmart, Tiffany & Co. and Macy’s.

“We are encouraged by our move up to no. 13,” said Tim Matthews, CEO and president of JTV. “We’re working on many exciting new brands for the holiday season and expect to finish the year strong.”

Of the 36 companies analyzed on this list, 28 of those posted sales gains. According to National Jeweler, high-volume jewelers continue to be cautious regarding expenses in this economy, even to the extent of posting a net decrease in store counts. However, analysts predict growth levels this year to return to the mean and match up with general market conditions.

In order to increase profitability and attract new customers, JTV has focused on developing proprietary designer jewelry and gemstone brands at affordable pricing.

“We’ve also dedicated significant resources to improving our mobile shopping platforms,” Matthews said. “Our mobile website, mobile app and sms initiative continue to drive new business. It is exciting to be on the cutting-edge of this industry, especially as we turn the corner and continue to grow.”

For a complete look at the $100 Million SuperSellers 2012 list, visit http://www.nationaljeweler.com.

About Jewelry Television®
Jewelry Television® (JTV) is the only broadcast shopping network that focuses exclusively on the sale of jewelry and gemstones. The privately-held company was founded in 1993 and broadcasts high definition programming 24 hours a day, seven days a week, to more than 80 million unique households in the U.S. Jewelry Television® was recently ranked the 13th largest retailer of jewelry in the U.S. by National Jeweler. JTV.com is the fifth largest jewelry destination on the internet according to Internet Retailer’s Top 500 Guide for 2010. For more information, visit JTV.com.

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Heather Ripley
FletcherPR
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