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Website. www .zales .com. Footnotes / references. [ 1][ 2][ 3] A Zales store on the second floor of the Lehigh Valley Mall in Whitehall Township, Pennsylvania, October 2020. The Zale Corporation (best known as Zales) is an American jewelry retailer, incorporated in Delaware in 1993. The principal executive offices are located in Coppell, Texas.
Zale opened many Bailey Banks & Biddle stores in numerous cities. In 2007, Zale Corporation sold the 65-store jewelry chain to Finlay Enterprises . [ 5 ] Finlay Enterprises filed for Chapter 11 bankruptcy in August 2009, [ 6 ] and Bailey Banks & Biddle was relaunched as a private company by the new owners in the spring of 2010.
In February 2014, Signet Jewelers Ltd. agreed to buy Zale Corporation, with Zale shareholders receiving USD$21 a share in cash in USD$1.4 billion deal. [10] This merger created a $6.2 billion firm. [10] In July 2017, Virginia Drosos was appointed CEO of Signet Jewelers Ltd., replacing Mark Light, who had served as CEO since October 2014. [11]
Zale was the top performer in its peer group for a considerable amount of time, having enjoyed stock appreciation of 264% over the past three years. During this same time frame, Signet Jewelers ...
The jewelry sector looked sweet last week as Tiffany blew estimates out of the water and raised guidance for its full-year earnings, but the fever didn't carry over to lower-market jeweler Zale ...
Zale Corp (ZLC), the third-largest jeweler in the United States, is considering selling its Piercing Pagoda kiosk business, Bloomberg News reported. Zale is considering selling the business in ...
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