Corrigan’s Fine Jewelers
Founded : 1922
Activities : Retail diamonds, gold, precious and semi-precious jewelry and watches
Parent Company : Finlay Enterprises
Stockists : 5+ locations
Corrigan’s Fine Jewelers is a regional specialty retailer of fine jewelry offering a selection of merchandise in the following categories: diamonds, gold, precious and semi-precious jewelry and watches. Corrigan’s was owned by a Houston family that started in 1922. Corrigan’s was bought out by Zale’s in the mid 50s.
Zale stores operated within four distinct divisions: the Zales division, with 534 stores in 48 states and Puerto Rico representing 42 percent of company revenues, focuses on mainstream, middle-income consumers, and specializes heavily in diamonds; the Gordon’s division is positioned as a regional retailer for the lower and middle-income consumer, with 332 stores operating primarily under the Gordon’s name (14 stores operate as Daniel’s Jewelers in Arizona) providing 26 percent of Zale Corp. revenues.
The upscale Fine Jewelers Guild division accounts for 19 percent of company revenues and comprises 123 stores operating under the Bailey, Banks & Biddle, Zell Bros., Sweeney’s, Corrigan’s, and Linz trade names; the fourth division, Diamond Park Fine Jewelers, operates 188 leased jewelry departments for such leading department store chains such as Dillard’s and Dayton Hudson, providing 13 percent of company revenues. The brand is now an integral part of the Fine Jewelers Group of Finlay Enterprises.