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In February 2014, Signet Jewelers agreed to buy Zale Corporation, with Zale shareholders receiving US$21 a share in cash in US$1.3 billion deal. [11] The merger created a $6.2 billion firm. [11] In January 2017, Zales announced it would close a handful of its mall stores when the leases expire, to avoid duplication with former rival Kay ...
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However, on March 18, 2019, Shopko announced the closure of all remaining stores due to a buyer not being found for the chain. Liquidation sales ended by June 2019. [282] Signet Jewelers, which owns prominent jeweler brands Kay, Zales and Jared, announced the closure of 400 stores in June 2020. [283]
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Jewelry Television is an American television network specializing in the sale of jewelry. On-air and online, the network is mainly branded by its jtv initials in lower-case letters . It has an estimated reach of more than 80 million U.S. households, through cable and satellite providers, online streaming and limited over-the-air broadcasters.