Monday, March 13, 2017

The company that makes America's engagement rings plans to open a bunch of stores and close even more

Zales SignetSignet Jewelers, the parent company of Jared the Galleria of Jewelry, Kay Jewelers, and Zales, reported a same-store sales declined 4.5% in the fourth quarter, and 1.9% on a yearly basis.
 
The company said it plans to close 165 to 170 stores in the coming fiscal year and open 90 to 115 new stores.. . . more

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