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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.
In February 2014, Signet Jewelers Ltd. agreed to buy Zale Corporation, with Zale shareholders receiving US$21 per share in cash in a US$1.4 billion deal. This merger created a $6.2 billion firm. [9] In August 2017, it was announced that Signet Jewelers Ltd. agreed to buy R2Net, owner of online jewelry retailer JamesAllen.com, for $328 million. [10]
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.
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 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 ...
Zale is considering selling the business in order to focus on its fine jewelry operations, Zale Corp (ZLC), the third-largest jeweler in the United States, is considering selling its Piercing ...
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