Content about Zale Corporation

August 7, 2014

Zales has the highest annual percentage rate (APR) on its private label card out of 61 U.S. retailers surveyed by CreditCards.com.

July 1, 2014

Signet Jewelers Ltd. on Tuesday announced that Theo Killion, CEO and president of its newly acquired Zale division, has resigned, effective July 31.

May 29, 2014

It’s official: Signet Jewelers Ltd. has completed its acquisition of Zale Corporation for $21 per share in cash and a total consideration of $1.46 billion.

May 20, 2014

Zale Corp. reported net earnings of $9 million in the third quarter of fiscal 2014, an impressive 80% jump from $5 million a year earlier.

May 16, 2014

A previously undisclosed conflict of interest may endanger the proposed $1.4 billion purchase of jewelry retailer Zale Corp. by rival Signet Jewelers.

May 15, 2014

Zale Corp. on Thursday restated its support for Signet Jewelers Ltd.'s $1 billion acquisition offer, urging shareholders to support the deal despite opposition from a large investor.

April 15, 2014

Signet Jewelers’ $1.4 billion deal to acquire 90-year-old jewelry mainstay Zales made big headlines back in February. But reporters, analysts and investors were not the only ones paying attention to the pending purchase — as soon as they heard the news, mall managers and mall-based jewelers knew the King Kong of retail jewelry had just been born.

April 7, 2014

Signet Jewelers Limited and Zale Corporation have announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed acquisition of Zale by Signet.

February 28, 2014

Zale Corp. reported a 10% in net earnings during the second quarter of fiscal 2014, rising to $51 million from $41 million in the same quarter the prior year.

February 19, 2014

In a deal that would combine the two largest mid-tier jewelry chains in the United States, Signet Jewelers Ltd. has agreed to buy rival Zale Corp.

January 10, 2014

Revenues for the two-month 2013 holiday period at Zale Corporation dropped 2% to $556 million from $567 million in the same period the prior year.

November 28, 2013

Zale Corp. narrowed its first-quarter loss slightly and reported its 12th consecutive quarterly sales increase.

September 9, 2013

Sterling Jewelers and Zale Corporation have reached a negotiated settlement of a lawsuit pending in The United States District Court for the Northern District of Ohio.

August 28, 2013

Zale Corp. narrowed its net loss in the fourth quarter to $8 million, from $19.7 million a year ago.

May 22, 2013

Zale Corp. on Wednesday reported net income of $5.1 million for the third quarter, compared with a loss of $4.5 million in the year-ago period.

February 21, 2013

Zale Corp. posted a better than expected second quarter profit as sales rose at its namesake chain and it cut selling and administrative costs.

November 21, 2012

Zale Corp. reported a bigger-than-expected first-quarter loss on Tuesday, but said it is on track to turn a profit again.

November 12, 2012

Zale Corp. announced the addition of Genesis Financial Solutions to its U.S. alternative financing program.

March 13, 2012

Zale Corp. said that it has named Jamie Singleton as senior VP and general manager of Piercing Pagoda, effective March 27.

February 22, 2012

Zale Corp. posted a higher second quarter profit helped by a surge in holiday sales.

February 2, 2012

Zale Corp. announced that Ken Brumfield has been appointed senior VP financial products.

January 10, 2012

Zale Corp. reported that same-store sales for the holiday selling season of November and December 2011 rose 5.9%, compared with an 8.5% gain in the same period last year.

November 1, 2011

Zale Corp. said it has appointed Subha Ramesh as senior VP real estate, effective immediately.

October 31, 2011

NewComLink announced that Zale Corp. has implemented the NewComLink platform as part of its new program to provide alternative financing options to its U.S. customers.

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