Helzberg Diamonds
American jewelry retailer
From Wikipedia, the free encyclopedia
Helzberg Diamonds is a jewelry retailer founded in 1915 by Morris Helzberg that has 210 stores in 36 US states.[1]
| |
| Type | Subsidiary |
|---|---|
| Industry | Retail |
| Founded | 1915, in Kansas City, Kansas, U.S. |
| Founder | Morris Helzberg |
| Headquarters | , U.S. |
Number of locations | 200+ stores (2017)[1][2] |
Area served | United States |
| Key people | Brad Hampton (CEO)[3] |
| Products | Jewelry |
| Parent | Berkshire Hathaway |
| Website | www |
Leadership
History
Soon after Helzberg's founding, Morris Helzberg became ill and the company was taken over by his son, Barnett Helzberg Sr., at the age of 14. 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]
In 2017, Helzberg closed several stores, though customers who purchased Lifetime Care warranties are still able to utilize other stores for regular cleanings and inspections, or mail the jewelry to the company's service center.
