Karats Jewelers Plans Expansion Into 30,000-Square-Foot Store
The Kansas retailer is aiming for a fall 2023 opening.

The retailer is set to move into a new store that will grow it from its current 5,500 square feet to 30,000 square feet.
Owner Akshay Anand opened the business in 2005, drawing on his family’s experience—he is the sixth generation to be in jewelry.
The store has weathered a major recession and a pandemic since it opened its doors. Now, Anand is ready to grow the business even more.
Located at 12260 Blue Valley Parkway in Kansas City, just five miles from the current Karats Jewelers location, the new store will be designed to provide a better customer experience, Anand told National Jeweler.
Karats’ core business is bridal jewelry, and Anand wants the new Karats to “create an engagement ring experience for the next generation.” Looking beyond millennials, he envisions the new store as a space that matches how the younger generations shop, building trust to sustain the retailer in the future.
“We’re not just looking for the sale but how to capture the market because as they grow, our business will grow.”
Here’s one example of how Karats plans to capture the market: the retailer will hire a full-time sushi chef from Japan and offer a sushi bar to its customers.
It will also partner with local businesses for events.
Anand added that the new store will offer “environments” for various product categories throughout, like mini shop-in-shops. As a person passionate about the environment and the ecosystem, he also plans on incorporating plenty of trees and flowers into the new store’s design.
Though Karats already carries more than 20 watch brands, the expansion will also bring a greater focus to the watch division, partnering with new brands to offer watches at all price points.
They will also revamp their website and build an app for the store to create a full “hands-on” experience.
The land on which the future store will sit has already been purchased, and the city has approved the plans.
Anand said he anticipates breaking ground in July, with the goal of opening the new Karats Jewelers in fall 2023.
The Latest

Sponsored by the Gemological Institute of America

The suspect faces charges in the August robbery of Menashe & Sons Jewelers and is accused of committing smash and grabs at two pawn shops.

The “Lumière Fine” collection was born from designer Alison Chemla’s interest in the transformative power of light.

Show off your spooky side with these 12 festive jewels.


The “Brilliant & Beyond” panel coincides with the “Love & Marriage” exhibition curated by Davis Jewelers in Louisville, Kentucky.

Consumers are feeling more optimistic about their present situation while the short-term future remains a little scary.

From sunlit whites to smoky whiskeys, introduce your clients to extraordinary diamonds in colors as unique as their love.

The company, which organizes a watch show in Geneva every spring, will bring a selection of watch brands to the 2026 Couture show in Vegas.

“The Modern Guide to Vintage Jewellery” follows the evolution of jewelry design from the ‘30s to the ‘80s with buying and styling advice.

For her annual Halloween story, Senior Editor Lenore Fedow explores the symbolism behind spiders, beetles, and other eerie insects.

Notable jewelry designers, members of the press, and retailers are up for an award at next year’s gala.

Leaders from Jewelers of America and National Jeweler discuss the gold price, tariffs, and more in this one-hour webinar.

After experiencing motherhood, growth, and loss, founder and designer Erin Sachse has created 10 irreplaceable jewels.

It is part of Sotheby’s “Royal & Noble Jewels” sale along with an ornate hair ornament and an old mine-cut light pink diamond ring.

One of the individuals was apprehended at the airport as he was trying to flee the country.

The retailer, which has faced struggling sales in recent quarters, is looking to streamline its operations.

Hill Management Group will oversee, market, and produce next year’s spring show.

London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.

The workshop will give attendees the chance to try out and ask questions about three different diamond verification instruments.

The footage shows two of the jewelry heist suspects descending from the second floor of the museum and then escaping via scooter.

Founder and designer Rosanna Fiedler looked to a vintage Cartier clutch when designing the sunlight-inspired drop earrings.

The luxury conglomerates faced a challenging Q3 amid geopolitical and economic tensions.

The struggling diamond mining company, which owns the historic Cullinan mine, has launched a rights issue to raise about $25 million.

The book details the journey of watches as symbols of hard-earned success in hip-hop for artists like 2Pac, Jay-Z, and more.

Alexis Vourvoulis, who most recently worked at Tiffany & Co., brings more than two decades of jewelry experience to her new role.

The superstar’s August engagement put the stamp of approval on an already hot engagement ring trend.

























