Stein Mart Makes Way for Fine Jewelry Department

MajorsNov 22, 2019

Stein Mart Makes Way for Fine Jewelry Department

The retailer partnered with Unique Designs to create its “Stein Mart Jewel Box” collection, which will soon be available in 51 stores.

Stein Mart is expanding its luxury offerings, adding a fine jewelry department to brick-and-mortar and online stores.

Jacksonville, Fla.—Discount retailer Stein Mart is adding a fine jewelry department to 51 of its 283 stores as well as its online shop, the retailer announced Monday.

Called “Stein Mart Jewel Box,” the fine jewelry section will include diamonds, pearls, 14-karat gold, gemstones and designer-branded jewelry, including Charles & Colvard, the North Carolina-based company known for its lab-created moissanite.

The pieces available on include engagement rings, diamond studs, solitaire pendants, tennis bracelets and diamond hoop earrings, ranging in price from $100 to $5,900.

“The addition of fine jewelry allows us to expand our luxury offerings and is another way we differentiate from other off-price retailers,” President MaryAnne Morin said in a press release announcing the new venture.

The Florida-based retailer partnered with New York-based Unique Designs, a fine jewelry manufacturer and wholesaler, to create the collection.

Ahead of the holiday season, the Jacksonville, Fla.-based retailer will be selling diamond and sterling silver jewelry that’s less than $200, in boxes and designed to be given as gifts, in all stores.

Its fine jewelry will be sold in more stores next year.

SEE: The Fine Jewelry Being Sold at Stein Mart

Lenore Fedowis the associate editor, news at National Jeweler, covering the retail beat and the business side of jewelry.

The Latest

CollectionsJun 18, 2021
Piece of the Week: Colette’s Rainbow Eye Pendant

It’s a new addition to the designer’s charm collection.

FinancialsJun 18, 2021
Jewelry Sales Surge in May, Says Mastercard

U.S. jewelry sales were up more than 200 percent year-over-year in May while also exceeding pre-pandemic levels.

Recorded WebinarsJun 17, 2021
Watch: How to Ace the Branding Game

Simon Mortimer offers must-know branding basics for companies that are just starting out or looking for a refresh.

Brought to you by
How to Engage and Sell to Millennials

Millennials were once feared in the diamond industry, but now this younger generation has become today’s largest diamond buying demographic.

CollectionsJun 17, 2021
Foundrae Has an Epic Charitable Giveaway in Honor of Juneteenth

All proceeds of “Juneteenth Medallion” sales, as well as raffle tickets, benefit organizations that support BIPOC.

Weekly QuizMay 20, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of June 14-18, 2021.
Take the Quiz
SourcingJun 17, 2021
Le Vian Donates Aquaprase Specimens, Jewels to New York’s AMNH

Two rough stones, three polished gems, and two jewels are in the museum’s redesigned gem and mineral halls.

TrendsJun 17, 2021
Amanda’s Style File: For the Fellas

In honor of Father’s Day, Amanda Gizzi rounds up gifts for Dad.

Brought to you by
A New Golden Age

Gold has had its share of ups and downs over the last 5 decades. Here’s why the metal is having another big comeback.

Events & AwardsJun 17, 2021
Jewelers for Children Brings Back Live Events in Vegas, Dallas

There will also be a virtual component for those not in attendance.