YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Kay, Zales parent company to close 150 stores

Posted online

The parent company of Kay Jewelers, Zales, Jared The Galleria Of Jewelry and Piercing Pagoda announced plans to close 150 stores.

Signet Jewelers last year closed 262 stores, 232 of which were in North America.

"We did not finish the year as strongly as expected due to a highly competitive promotional environment, continued consumer weakness in the U.K., and lower-than-expected customer demand for legacy merchandise collections that impacted our holiday fourth-quarter results," CEO Virginia Drosos said.

Read more from USA Today.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Evoke Health and Wellness

Medical clinic Evoke Health and Wellness LLC opened; The Phoenix Diner Bar and Grille got its start; and Enterprise Self Storage LLC began operations.

Most Read
SBJ.net Poll
Do you play pickleball?

*

View results

Update cookies preferences