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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. [4]
In 2012, Signet acquired ULTRA Diamonds [8] and converted most of ULTRA stores to Jared Vault & Kay Jewelers Outlets. [9] 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]
Zale Corporation Announces Holiday Results Comparable store sales up 2.3 percent; Zales branded stores up 3.1 percent Second quarter operating margin expected to be approximately 7.5 percent, or ...
Zale Corporation Reports Second Quarter Fiscal 2013 Results Comparable store sales up 2.8 percent; 9th consecutive positive quarter; Zales branded stores up 3.6 percent Operating margin of 7.6 ...
Zale Corporation Reports First Quarter Fiscal 2013 Results Comparable store sales up 3.9 percent; 8th consecutive positive quarter Net loss improved $4 million DALLAS--(BUSINESS WIRE)-- Zale ...
Finish Line, Inc., King's Jewelers and Zales have also closed since early 2009, [10] and Waldenbooks closed in early 2010. [11] Bank of America foreclosed on Cabot Investment Properties in 2011 then owners of the mall. [12] In 2011 and 2012 lawsuits were filed against Cabot by investors asserting fraud. [13] [14] Sears closed in 2012
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