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The company was founded in 1910 by Henry Shaw (the father of Jerry Shaw, the chairman emeritus of Sterling today), from LeRoy's Jewelers in Lorain, Ohio. Sterling Jewelers is a wholly owned subsidiary of UK-based Signet Jewelers Limited (listed on the New York Stock Exchange under the symbol SIG), having been acquired in 1987.
Signet Jewelers Ltd. (Ratner Group 1949–1993 then Signet Group plc to September 2008) is, as of 2015, the world's largest retailer of diamond jewellery. [1] The company is domiciled in Bermuda and headquartered in Akron, Ohio, and is listed on the New York Stock Exchange.
Shane Company or Shane Co. is the largest privately owned jeweler in the United States. [1] The company is a direct diamond, ruby, and sapphire importer that operates 20 retail stores across the US, as well as their website, ShaneCo.com. The company was founded in 1971, and is based in Denver, Colorado. [2]
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The Fostoria Glass Company was a manufacturer of pressed, blown and hand-molded glassware and tableware. It began operations in Fostoria, Ohio, on December 15, 1887, on land donated by the townspeople. The new company was formed by men from West Virginia who were experienced in the glassmaking business.
In 1986, Federated merged its Gold Circle division with its Richway Department Stores, another Federated discount division.While the chains each continued to operate under their original names (though several Richways were converted to Gold Circles), buying and other administrative functions for both were consolidated into Gold Circle's Worthington, Ohio headquarters.
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In 1963, Barnett Sr. became Chairman of the Board and his son, Barnett Helzberg Jr., took over company operations. [5] Barnett replaced his father in the Chairman position in 1988. Barnett Jr. sold the company to Berkshire Hathaway , owned by Warren Buffett , in 1995, and authored the book What I Learned Before I Sold to Warren Buffett [ 6 ]
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