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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]
He went to Jared. Jewelry-store chain Zale is being bought by specialty shop Signet Jewelers in a deal valued at about $690 million. The $21-per-share purchase price represents a 41% premium to ...
These stores offer bracelets, earrings, charms, rings, and 14 karat and 10 karat gold chains, as well as silver and diamond jewelry. As of July 31, 2005, the Company operated 1,464 specialty retail jewelry stores, 812 kiosks, and 69 carts in North America and Puerto Rico. Defendant Zale may be served at 901 West Walnut Hill Lane, Irving, Texas.
Signet Jewelers, which owns prominent jeweler brands Kay, Zales and Jared, announced the closure of 400 stores in June 2020. [274] Soft Surroundings filed for Chapter 11 bankruptcy on September 11, 2023, announcing plans to close all 44 of its stores and sell its online and catalog business to Coldwater Creek. [275]
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