Signet Jewelers Limited (Signet) is a specialty retail jeweler by sales in the United States and United Kingdom, and also has stores in the Republic of Ireland and Channel Islands. The Company is engaged in the retailing of jewelry, watches and associated services. The business is managed as two geographical operating divisions: the US division and the UK division. Signet�s US division operated 1,318 stores in all 50 states at January 28, 2012. As of January 28, 2012, 215 regional brand stores operated in 33 states Its stores trade nationally in malls and off-mall locations as Kay Jewelers (Kay), and regionally under a number of mall-based brands. Destination superstores trade nationwide as Jared The Galleria Of Jewelry (Jared). The UK division operated 535 stores at January 28, 2012, including 14 stores in the Republic of Ireland and three in the Channel Islands. In November 2012, the Company acquired Ultra Stores, Inc. from Crystal Financial LLC.