2 Jewelry Managers from Service Merchandise submitted salaries.
Service Merchandise is a major online retailer that carries a wide range of products including jewelry, clothing, housewares, sporting goods, and toys. The company was founded in Pulaski, Tennessee, as five and dime store by Harry and Mary Zimmerman. Service Merchandise continued to grow, and by the 1970s, it was one of the top catalog retailers in the U.S. The company's current annual revenue exceeds $4 billion.
At its peak, Service Merchandise sponsored gifts for Wheel of Fortune, The Price is Right, Shop Till You Drop, and Shopping Spree. After years of success, Service Merchandise began to lose its market share from similar discounters such as K-Mart, Walmart, and Best Buy. The company discontinued its department stores in 2002, and operated exclusively as an online store in 2004.
Service Merchandise previously employed thousands at its over 400 nationwide stores. After the retail store closings, most employees were laid off with the exception of the staffers who keep the online operations running. Service Merchandise employees receive medical, dental and comprehensive insurance coverage. Other basic benefits include 401K plan with employee matching, and short and long term disability.
Account Executive is the highest paying job at Service Merchandise at $61,000 annually.
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