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2021 Big Survey: This Is the Top Performing Watch Brand in Independent Jewelry Stores

Japanese maker tops poll for fourth straight year; Rolex falls out of top 3.




2021 Big Survey: This Is the Top Performing Watch Brand in Independent Jewelry Stores

CITIZEN WAS ONCE again named the top watch brand by American independent jewelers in this year’s INSTORE Big Survey, edging New York-based Bulova and its Japanese peer Seiko.

It is the 4th straight year Citizen has finished No. 1 in our poll, which asks jewelers to name their “best performing” watch brands. The question is designed to encourage jewelry-store owners to consider return on effort and investment and not just sales.

Swiss luxury giant Rolex, slipped out of the top three for the first time in four years amid supply issues.

Citizen’s strong performance comes at a time when traditional watch sales are struggling against the onslaught from smart watches, especially the Apple Watch, whose sales in 2019 surpassed the combined sales of all Swiss watch brands. According to another question in the 2021 Big Survey, only a little more than half of independent jewelers now carry watches, down from over three-quarters a decade ago.

The 2021 Big Survey was carried out between August and September, attracting more than 600 anonymous responses from owners of independent jewelry stores across the United States and Canada. The full results will be published in the upcoming November issue of INSTORE.




Moving Up — Not Out — with Wilkerson

Trish Parks has always wanted to be in the jewelry business and that passion has fueled her success. The original Corinth Jewelers opened in the Mississippi town of the same name in 2007. This year, Parks moved her business from its original strip mall location to a 10,000-square foot standalone store. To make room for fresh, new merchandise, she asked Wilkerson to organize a moving sale. “What I remember most about the sale is the outpouring excitement and appreciation from our customers,” says Parks. Would she recommend Wilkerson to other jewelers? “I would recommend Wilkerson because they came in, did what they were supposed to and made us all comfortable. And we met our goals.”

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