Online retailer of
diamonds and jewelry.
411 First Ave. South, Suite 700
Seattle, WA 98104
CEO: Harvey Kanter
Stock Symbol: NILE
Founded in 1999, Blue Nile has grown to become the largest
online retailer of certified diamonds and fine jewelry. Internet
Retailer Magazine reports Blue Nile is bigger than the
next three largest online jewelers combined.
Blue Nile has established some of the highest
quality standards in the industry and provides consumers with
in-depth educational materials and online tools that place consumers
in control of the jewelry shopping process. The Blue Nile Web
sites showcase thousands of independently certified diamonds
and fine jewelry at prices significantly below traditional retail.
The company offers thousands of certified
diamonds which can be used to create diamond engagement rings,
earrings, and pendants. Every loose diamond sold by Blue Nile
has been analyzed and graded by either the Gemological Institute
of America (GIA) or the American Gem Society Laboratories (AGSL).
Blue Nile offers free FedEx shipping in the U.S. with $200 minimum and 43 international countries. Items purchased are guaranteed and can be returned within 30 days.
Blue Nile reported net sales of $473.5 million for the fiscal year ended January 4, 2015 compared to $450.0 million for the fiscal year ended December 29, 2013, an increase of 5.2%. Net income for the fiscal year ended January 4, 2015 was $9.7 million.
The business was incorporated in Delaware
on March 18, 1999 as RockShop.com, Inc.
On May 21, 1999, the Company purchased
certain assets of Williams & Son, Inc., a Seattle jeweler,
including a website
established by that business. In June 1999, the company changed
its name to Internet Diamonds, Inc.
In November 1999, the Blue Nile brand was
launched and the company's name was changed to Blue Nile, Inc.
The company went public in 2004.
Company Paid Medical Insurance
Company Paid Dental Insurance
Company Paid Vision Insurance
Company Paid Prescription Drug Plan
Domestic Partner Benefits
Company Paid Short Term Disability
Long Term Disability
Blue Nile Stock Option Plan
401K Retirement Plan with employer match
Company Paid Life and AD&D Insurance
Supplemental Group Term Life Insurance
Health, Dependant Care, and Transportation
Flexible Spending Accounts
Employee Assistance Program
Referral Bonus Program
Employee Discount Program
Paid Vacation, Holidays, and Sick Days
Updated March 2, 2015