The wedding is on between the U.S.' largest jewelery chain Signet and Zale Corp., according to a report from Dallas News. Signet, which operates Kay Jewelers and Jared, agreed to buy Zale's in a deal valued at $1.4 billion. The New York Times reports the transaction will include $690 million in cash and will result in a combined company with $6.2 billion in sales. Zale Corp. operates approximately 1,600 locations in the U.S., Canada and Puerto Rico and had a profitable year in 2013, ...
NREIonline.com Freemium Content
"Mall Jewelers to Merge" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.