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In 1957, Zales
Jewelers opened its first store in a shopping center—a major shift from operating only in downtown locations. The same year, Zales announced the initial public offering of its stock (ZLC) and began trading its public shares on the American Stock Exchange in 1958. In 1989, Zale acquired
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As a marketing strategy, the Zale brothers instituted a credit plan whereby customers could pay "a penny down and a dollar a week," making jewelry and other merchandise affordable for the average working
American. The success of this credit policy led to the company expanding to a total of 12 stores
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immigrant brothers Morris (M. B.) Zale and
William Zale (born Zalefsky), along with Ben Lipshy opened the first Zales Jewelers store (now a division in the multi-division company).
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agreed to buy Zale
Corporation, with Zale shareholders receiving USD$ 21 a share in cash in USD$ 1.3 billion deal. The merger created a $ 6.2 billion firm.
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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 Jewelers.
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Gordon's
Jewelers, which had been a major competitor. Zales bought the Skillern Drug pharmacy chain in the 1960s, but sold it in 1980.
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680:"Zale Corporation - Company Profile, Information, Business Description, History, Background Information on Zale Corporation"
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600:." Zale Corporation. Retrieved on November 17, 2012. "EXECUTIVE OFFICES 901 W. Walnut Hill Lane Irving, TX 75038-1003"
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In 1999 and 2000, Zale expanded with two major acquisitions: Peoples
Jewellers of Canada and Piercing Pagoda.
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in
Oklahoma and Texas by 1941. Zales Jewelers moved its headquarters from Wichita Falls to
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In 2018, the company moved its headquarters to a new building in
Coppell, Texas.
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791:"Lebanon Valley Mall may lease to daycare centers, medical offices"
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in 1946. In 1998, online shopping was opened at www.zales.com.
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Times, Nina
Andrews, Special To The New York (1989-05-25).
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Companies formerly listed on the New York Stock Exchange
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in 1993. The principal executive offices are located in
573:"Zale Corporation | Company profile from Hoover's"
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Companies that filed for Chapter 11 bankruptcy in 1992
19:"Zale" and "Zales" redirect here. For other uses, see
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698:"History of Zale Corporation – FundingUniverse"
827:Historical business data for Zale Corporation:
634:"COMPANY NEWS; Zale to Acquire Gordon Jewelry"
8:
664:: CS1 maint: multiple names: authors list (
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716:"Zale Corporation forced into bankruptcy"
497:In 1986, People's Jewelers bought Zales.
415:A Zales store on the second floor of the
116:Learn how and when to remove this message
238:Piercing Pagoda: 652 (October 2012)
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876:American companies established in 1924
871:Jewelry retailers of the United States
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549:"Zale Corporation 2012 Annual Report"
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881:Retail companies established in 1924
766:Karr, Arnold J. (19 February 2014).
54:adding citations to reliable sources
500:On January 1, 1992, Zale filed for
510:In 2007, the company divested its
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891:Companies based in Coppell, Texas
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743:"Zale Corporation: Our History"
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41:needs additional citations for
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906:2014 mergers and acquisitions
490:Until 1986, Zales operated a
462:The company began in 1924 in
901:1924 establishments in Texas
684:www.referenceforbusiness.com
329:$ 1.187 billion (2013)
312:$ 10.01 million (2013)
295:$ 35.12 million (2013)
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793:– via www.wgal.com.
741:Zale Corporation (2005).
615:"Diamonds Aren't Forever"
512:Bailey Banks & Biddle
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278:1.888 billion (2013)
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16:American jewelry retailer
813:ZALE JEWELRY CORPORATION
598:Contact Zale Corporation
236:Peoples and Mappins: 206
702:www.fundinguniverse.com
482:Corporate restructuring
339:12,500 (July 2012)
248:Terry Burman (Chairman)
232:Zales and Gordon’s: 781
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502:Chapter 11 bankruptcy
494:called O. G. Wilson.
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21:Zale (disambiguation)
768:"Signet to Buy Zale"
745:. Corporate homepage
464:Wichita Falls, Texas
250:Terrell Wilson (CEO)
50:improve this article
720:The Washington Post
335:Number of employees
252:Matthew Appel (CAO)
228:Number of locations
130:
638:The New York Times
521:In February 2014,
516:Finlay Enterprises
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417:Lehigh Valley Mall
149:Zales location in
65:"Zale Corporation"
818:Handbook of Texas
722:. January 1, 1992
435:) is an American
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372:Peoples Jewellers
369:Gordon's Jewelers
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319:Total assets
208:Headquarters
159:Company type
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48:Please help
43:verification
40:
831:SEC filings
774:19 February
865:Categories
749:2006-09-17
651:2015-09-06
583:2010-02-04
535:References
302:Net income
244:Key people
177:: ZLC
162:Subsidiary
76:newspapers
855:Companies
815:from the
660:cite news
646:0362-4331
514:brand to
359:Divisions
186:Retailing
169:Traded as
106:June 2012
448:Delaware
440:retailer
257:Products
182:Industry
458:History
437:jewelry
386:Website
375:Mappins
267:Revenue
261:Jewelry
215:, Texas
192:Founded
90:scholar
841:Portal
820:Online
644:
476:Dallas
393:.zales
345:Parent
213:Irving
195:1924 (
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770:. WWD
433:Zales
366:Zales
201:Texas
97:JSTOR
83:books
776:2014
728:2023
666:link
642:ISSN
427:The
395:.com
276:US$
175:NYSE
69:news
446:in
419:in
391:www
52:by
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