REEDS Jewelers

150 Creekside Dr, Amherst, NY 14228

Lovers wishing to express the sparkle in their relationships might consider consulting Reeds Jewelers. Operating about 90 jewelry stores mainly in malls in 18 states from Texas to Delaware, Reeds offers diamond rings and jewelry, gold jewelry and chains, gemstone rings, watches, and other baubles. Though most operate under the Reeds Jewelers name, in malls where Reeds has already staked a claim, stores are called Mills Jewelers; Reeds also sells products via its Web site and catalog. Diamonds (mostly up to one carat in weight) and gems account for almost 60% of the firm’s sales. Founded in 1946 by Bill and Roberta Zimmer, the family-owned chain is run by CEO Alan Zimmer.

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3.6

Overall Excellence Rating

Industry

Retail

Category

Beauty & Personal Accessories

ESG/Ethical Impact

The Company had approximately 862 full-time equivalent (FTE) employees during February 28, 2002. Of these, 156 FTEs were employed in the corporate headquarters and the remaining 706 FTEs were employed in the stores. Throughout the year, the Company hires a number of part-time employees, primarily during the holiday shopping seasons. Approximately 75.2% of all employees during the year are full-time and 24.8% are part-time. The Company considers its relations with its employees to be good. The Company holds no material patents, licenses, franchises, or concessions. As a retail organization, the Company maintains no significant amount of backlog orders. No portion of the Company’s business involves contracts or subcontracts with the United States government. Federal, state, and local laws and regulations relating to the protection of the environment are generally inapplicable to the operations of the Company and, accordingly, are not expected to have a material effect on the Company’s business.

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Awards Received

2023

Revenues

$132,100,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

3.8

Company Size

100-1000

ESG Risk Rating

3

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