MajorsSep 07, 2022
Signet Seals the Deal on Blue Nile AcquisitionMajorsMar 29, 2023
Blue Nile to Close Fulfillment Center, Lay Off Workers
The retailer, recently acquired by Signet Jewelers, will lay off 119 employees in July.
Pictured is the Blue Nile showroom in California’s Silicon Valley. Following its acquisition by Signet Jewelers, Blue Nile is shuttering its Seattle fulfillment center, laying off more than 100 employees by July.
Seattle—Blue Nile is closing its Seattle fulfillment center and laying off more than 100 employees, according to a filing with the Washington State Employment Security Department.
The news was first reported by the Puget Sound Business Journal.
The closure will result in 119 employees being laid off as of July 14.
Signet Jewelers acquired Blue Nile in August 2022 in a $360 million deal.
In a statement, Signet Jewelers said as it integrates Blue Nile into the company, it will reduce “duplicative fulfillment center services to centralize these services within our existing New York City fulfillment center over the coming months.”
“This change unfortunately impacts the roles of some of our Blue Nile team members,” said the company.
“We are providing our impacted team members with outplacement and support services, and where appropriate, some team members have been offered a relocation package to join our operations in New York City, or are exploring other roles throughout the company including those in our Seattle operations.”
Blue Nile, founded in 1999 in Seattle, got its start as an online-only operation but has since expanded to physical retail with a nationwide network of showrooms.
Its 26 showrooms stock limited inventory, allowing customers to view products in person before ultimately purchasing them online.
Related stories will be right here …
The news was first reported by the Puget Sound Business Journal.
The closure will result in 119 employees being laid off as of July 14.
Signet Jewelers acquired Blue Nile in August 2022 in a $360 million deal.
In a statement, Signet Jewelers said as it integrates Blue Nile into the company, it will reduce “duplicative fulfillment center services to centralize these services within our existing New York City fulfillment center over the coming months.”
“This change unfortunately impacts the roles of some of our Blue Nile team members,” said the company.
“We are providing our impacted team members with outplacement and support services, and where appropriate, some team members have been offered a relocation package to join our operations in New York City, or are exploring other roles throughout the company including those in our Seattle operations.”
Blue Nile, founded in 1999 in Seattle, got its start as an online-only operation but has since expanded to physical retail with a nationwide network of showrooms.
Its 26 showrooms stock limited inventory, allowing customers to view products in person before ultimately purchasing them online.
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