Blue Nile
Blue Nile Will Open 50 Showrooms in Three Years
The Seattle jeweler will open three stores before the end of the year
Blue Nile, a jewelry retailer that began as an e-commerce company before opening a handful of brick-and-mortar stores, will open 50 showrooms in markets across the United States in the next three years, the company announced Monday. The Seattle-based retailers brick and mortar expansion will target top 50 markets, according to a press release. The…
Executive Q+A With Harvey Kanter
CEO has put Blue Nile back in the diamond lane.
Harvey Kanter has taken Blue Nile, a struggling online jeweler, and returned it to a growth trajectory. In November, the publicly traded company with 350 employees reached a $500 million agreement to be taken private by an investor group composed of funds managed by Bain Capital Private Equity and Bow Street LLC. EARLY DAYS: Dad…