IndependentsApr 28, 2021
After 72 Years, This Philly-Area Institution Is Closing IndependentsMay 06, 2021
Harris Jewelry Closes All Locations
The jeweler will continue to operate online and via phone.
Harris Jewelry closed its remaining locations last month as the COVID-19 pandemic weighed on sales. (Image courtesy of Harris Jewelry’s Facebook page)
Hauppauge, N.Y.—Harris Jewelry has shuttered all of its stores in the wake of the COVID-19 pandemic, shifting its business online.
The New York-based chain, which caters to members of the military and their families, closed all 18 locations as of last month, according to a weekly alert from the Jewelers Board of Trade.
The retailer closed six locations earlier in the year, recently followed by the 12 remaining stores in Colorado, Florida, Georgia, Illinois, New York, North Carolina, Tennessee, Texas and Virginia.
“On or about April 11, Harris made the difficult decision to close all of our remaining retail locations,” the company said in a statement to National Jeweler. “Our stores were hit particularly hard by the pandemic, resulting in a steep decline in sales.”
The jeweler, founded in 1955 by U.S. Marine and World War II veteran Jerome L. Harris, will continue to operate online and via phone.
“For over 65 years, Harris has been providing military personnel and their families memorable gift- giving experiences, convenient payment options, and exceptional customer service. That remains our mission to this day,” said the company.
The closures follow a string of legal battles, including an ongoing complaint from the New York State Attorney General’s office.
Related stories will be right here …
The New York-based chain, which caters to members of the military and their families, closed all 18 locations as of last month, according to a weekly alert from the Jewelers Board of Trade.
The retailer closed six locations earlier in the year, recently followed by the 12 remaining stores in Colorado, Florida, Georgia, Illinois, New York, North Carolina, Tennessee, Texas and Virginia.
“On or about April 11, Harris made the difficult decision to close all of our remaining retail locations,” the company said in a statement to National Jeweler. “Our stores were hit particularly hard by the pandemic, resulting in a steep decline in sales.”
The jeweler, founded in 1955 by U.S. Marine and World War II veteran Jerome L. Harris, will continue to operate online and via phone.
“For over 65 years, Harris has been providing military personnel and their families memorable gift- giving experiences, convenient payment options, and exceptional customer service. That remains our mission to this day,” said the company.
The closures follow a string of legal battles, including an ongoing complaint from the New York State Attorney General’s office.
An October 2018 lawsuit filed by the state attorney general alleged the retailer marked up its jewelry between 600 and 1,000 percent and misled service members so they would sign financing agreements with high interest rates.
About 90 to 95 percent of all transactions at Harris Jewelry were financed through its “proprietary” financing, as per court documents. The service was provided under the name Consumer Adjustment Corp. USA, which was an “alter ego” of Harris Jewelry rather than an outside company, a fact that was “never clearly disclosed to the consumer.”
In response, Harris called the lawsuit “broadly inaccurate, baseless, and overreaching” and said it “operates in full compliance with the laws that regulate its industry.”
Though six of the eight counts against Harris Jewelry were tossed out in April 2019, one was reinstated on appeal. That count alleged the jeweler “operated a ‘credit services business’ in a manner that violated general business law.”
The company settled another lawsuit in June 2020 with the Tennessee Attorney General’s Office that also accused the jeweler of misleading credit practices.
A court filing stated that the jeweler misled service members into “believing that their products are an easy way to build and restore credit” and that the jeweler “profited significantly as a result of these misrepresentations.”
The terms of the settlement included $800,000 in debt relief and refunds to its customers.
Harris Jewelry neither admitted to or denied the allegations in the Tennessee suit, but said it hoped the settlement would put an end to the matter.
More on Independents
The Latest
MajorsJan 02, 2026
Marc Metrick Out as CEO of Saks Global Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.
Events & AwardsJan 02, 2026
Jan Mohr, Couture’s ‘North Star,’ Dies at 71Mohr had just retired in June after more than two decades as Couture’s retailer liaison.
SourcingJan 02, 2026
IDCA Elects New President, Board of DirectorsShekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.
Brought to you by
Impacting Tomorrow TodayHow Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.
CollectionsJan 02, 2026
Lalaounis’ 2026 Good Luck Charm Speaks to ResilienceThis year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.
Weekly QuizDec 23, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
EditorsDec 31, 2025
The Top 5 Stories of 2025Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.
MajorsDec 30, 2025
Becka Johnson Kibby to Lead Edge Retail AcademyAs part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.
Brought to you by
Roseco Releases New Full-Line CatalogRoseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.
SourcingDec 30, 2025
India Chosen as KP Chair for 2026It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.
WatchesDec 30, 2025
Bulova, Stetson Collab on Watches With Western FlairThe new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.
CollectionsDec 30, 2025
Rahaminov Diamonds Pops Up in FloridaIts residency at Yamron Jewelers will run through May 2026.
MajorsDec 29, 2025
Tanishq Opens New Stores in Florida, VirginiaThe retailer is expanding into areas with large Indian and South Asian populations.
MajorsDec 29, 2025
Nanis Opens First Flagship Store The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.
SourcingDec 29, 2025
‘Unearthed: Raw Beauty’ Exhibition Opens at LA MuseumThe new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.
CrimeDec 24, 2025
LA Jewelry District Couple Pleads Guilty to Hiding Millions from IRSThe couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.
SurveysDec 24, 2025
Consumer Confidence Falls Again in DecemberConsumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.
AuctionsDec 24, 2025
Bonhams to Open New U.S. Flagship in NYCIn February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.
Events & AwardsDec 24, 2025
NYC Jewelry, Antique, & Object Show Announces Winter EventThe new show will take place Jan. 23-25, 2026.
SourcingDec 23, 2025
Mining Titan Brian Gilbertson Dies at 82The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.
Events & AwardsDec 23, 2025
Bulgari Reimagines Costume Designers Guild AwardThe LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.
MajorsDec 23, 2025
Kering to Acquire Stake in Raselli Franco GroupThe luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.
MajorsDec 23, 2025
For Future Reference Vintage Enters Bloomingdale’sThe company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.
CrimeDec 22, 2025
Customs Seizes Hundreds of Fake Rolex, Cartier WatchesIn the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.
EditorsDec 22, 2025
How Helzberg Is Reimagining Its StoresHelzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.
Recorded WebinarsDec 22, 2025
2025 Jewelry Rewind: Looking Back on an Eventful Year Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.
MajorsDec 19, 2025
MadaLuxe Group Acquires Ippolita The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.
MajorsDec 19, 2025
LVMH Names New Bulgari CEOLaura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.
