Content about Zale Corp.

July 29, 2013

Zale Corporation has promoted Bridgett Zeterberg to the position of SVP, general counsel and secretary. Zeterberg joined Zale in September 2010 and became general counsel and secretary in February 2012.

DALLAS — Zale Corporation has promoted Bridgett Zeterberg to the position of SVP, general counsel and secretary. Zeterberg joined Zale in September 2010 and became general counsel and secretary in February 2012.

She is responsible for all legal, compliance and contractual matters, as well as corporate and board governance. She will continue to report to Theo Killion, CEO.

May 22, 2013

Zale Corporation, a specialty retailer of diamond and other jewelry products, has elected former Signet CEO Terry Burman as a director and as chairman of the board. John B. Lowe Jr., who has served as chairman for the past five years, will remain on the board.

DALLAS — Zale Corporation, a specialty retailer of diamond and other jewelry products, has elected former Signet CEO Terry Burman as a director and as chairman of the board. John B. Lowe Jr., who has served as chairman for the past five years, will remain on the board.

February 21, 2013

Zale Corp. reported that revenues for its second quarter rose 1.1% to $7 million from $664 million last year.

DALLAS — Zale Corp. reported that revenues for its second quarter rose 1.1% to $7 million from $664 million last year.

“The growth achieved in the quarter was driven by our exclusive, branded collections. Further expanding these products and supporting them with compelling marketing and training is an important part of our growth strategy,” commented Theo Killion, CEO.

For the second quarter of fiscal 2013, comparable-store sales increased 2.8%. This increase follows a 5.8% rise in the same period last year. 

November 12, 2012

Zale Corp. today announced the addition of consumer finance company, Genesis Financial Solutions, Inc., to its U.S. alternative financing program.

Dallas -- Zale Corp. today announced the addition of consumer finance company, Genesis Financial Solutions, Inc., to its U.S. alternative financing program.

The partnership with Genesis is consistent with the company’s strategy to enhance access to financing for its customers. This new financing option, which became available in October, is offered in Zales, Zales Outlet and Gordon’s retail stores.

November 8, 2012

Zale Corp. has partnered with Shaquille O'Neal for a new, exclusive collection of men’s jewelry.

DALLAS — Zale Corp. has partnered with Shaquille O'Neal for a new, exclusive collection of men’s jewelry.

The Shaquille O’Neal Collection will offer a variety of men’s pendants, rings and bracelets. The collection will be offered exclusively in select Zale stores throughout the U.S., Canada and Puerto Rico and online at Zales.com/shaq, just in time for holiday gift giving.

March 13, 2012

Zale Corp. has named Jamie Singleton SVP and general manager of Piercing Pagoda, effective March 27.

DALLAS — Zale Corp. has named Jamie Singleton SVP and general manager of Piercing Pagoda, effective March 27. In this role, Singleton will have overall responsibility for the company’s kiosk business and will report to Theo Killion, CEO.

February 22, 2012

Zale Corp. reported increased revenues and earnings for its second quarter ended Jan. 31, thanks to a successful holiday season.

DALLAS — Zale Corp. reported increased revenues and earnings for its second quarter ended Jan. 31, thanks to a successful holiday season.

The company reported that revenues for the quarter were $664 million, an increase of $37 million, or 6%, compared with $626 million in the same period last year. 

Comparable-store sales, which are based on year-over-year merchandise sales, increased 5.8% during the quarter. This increase follows a 7.9% rise in the same period last year. 

November 1, 2011

Zale Corp. announced that Subha Ramesh has been named SVP real estate. Ramesh will report to Matt Appel, chief administrative officer.

DALLAS — Zale Corp. announced that Subha Ramesh has been named SVP real estate. Ramesh will report to Matt Appel, chief administrative officer.

September 6, 2011

Zale Corp. announced that Brad Furry has been named SVP, CIO. Furry will have responsibility for all information technology strategy and operations functions throughout the company.

DALLAS — Zale Corp. announced that Brad Furry has been named SVP, CIO. Furry will have responsibility for all information technology strategy and operations functions throughout the company. He will report to Matt Appel, chief administrative officer and CFO.

“We are pleased to welcome Brad to the Zale team. Brad has a demonstrated track record of leveraging information technology in a retail environment,” said Matt Appel. “I am confident he will elevate the impact of technology on our efforts to return the company to profitability.”

May 10, 2011

Zale Corp. announced the company’s CFO, Matt Appel, has been appointed as chief administrative officer.

DALLAS — Zale Corp. announced the company’s CFO, Matt Appel, has been appointed as chief administrative officer. He will continue to serve as CFO.

Appel will be responsible for real estate, supply chain and logistics, merchandise planning and allocation, information technology, warranty, repair and credit products, as well as the ongoing management of Zale’s finance and control functions.

April 15, 2011

Zale Corp. announced Friday that it has been cleared by the Securities and Exchange Commission in its investigation and that the SEC will not take any action against the company.

DALLAS -- Zale Corp. announced Friday that it has been cleared by the Securities and Exchange Commission in its investigation and that the SEC will not take any action against the company.

The SEC began investigating the jeweler in October 2009 after it restated its 2008 and 2009 earnings. The company said at the time that a financial audit had uncovered internal control and accounting issues related to advertising costs, income taxes and internal company payments, among other things.

March 3, 2011

Zale Corp. announced that Jeannie Barsam has been named SVP merchandise planning and allocation, and Toyin Ogun has been named SVP human resources and customer service.

DALLAS -- Zale Corp. announced that Jeannie Barsam has been named SVP merchandise planning and allocation, and Toyin Ogun has been named SVP human resources and customer service.

“Jeannie and Toyin add both critical experience and depth to our leadership team,” said Theo Killion, CEO. “These appointments exemplify the strategic investments we are making in organizational capability to drive our turnaround initiatives.”

February 24, 2011

Zale Corp. said Thursday that net income for the quarter ended Jan. 31 surged to $27.2 million, compared with $6.7 million a year earlier.

DALLAS -- Zale Corp. said Thursday that net income for the quarter ended Jan. 31 surged to $27.2 million, compared with $6.7 million a year earlier.

Zale, which has struggled to regain profitability as the economy improves, posted net income of $27.2 million compared with $6.7 million, or 21 cents per share a year ago. Sales rose to $626.4 million for the quarter, from $582.3 million. Same-store sale rose 7.9%, compared with a decrease of 11.2% during the comparable period in the prior year.

February 22, 2011

Zale Corp. said Tuesday that it has appointed David F. Dyer, chairman, president and CEO of Chico’s FAS, to its board of directors, effective immediately.

Dallas -- Zale Corp. said Tuesday that it has appointed David F. Dyer, chairman, president and CEO of Chico’s FAS, to its board of directors, effective immediately.

The company also announced the resignation from the board of Charles M. Sonsteby, who had served since November 2006.

November 22, 2010

Zale Corp. announced that for the first fiscal quarter it had a net loss from...

September 27, 2010

DALLAS - Zale Corporation reported that it incurred a net loss for the fourth quarter ended July 31 of $28.5 million, or 89 cents per share, compared with a net loss of $89.8 million, or $2.81 per share, in the comparable period in the prior year.

DALLAS - Zale Corporation reported that it incurred a net loss for the fourth quarter ended July 31 of $28.5 million, or 89 cents per share, compared with a net loss of $89.8 million, or $2.81 per share, in the comparable period in the prior year. Revenues for the quarter ended July 31 were $345 million, a decrease of 3.4% compared with $357 million during the comparable period in the prior year. Same-store sales during the quarter decreased 2.1%, compared with a decrease of 21.2% during the comparable period in the prior year.

September 26, 2010

Zale Corporation reported that it incurred a net loss for the fourth quarter ended July...