Zale to close 60 underperforming stores - National Jeweler

Zale Corp. plans to close 60 stores in the next 90 days, National Jeweler has confirmed.

Zale Chief Administrative Officer Rodney Carter didn't identify the stores, but said the Irving, Texas-based jeweler would be closing unprofitable Zales, Gordon's Jewelers and Piercing Pagoda stores and "several dozen more" stores later this year.

Zale Vice President and Treasurer David Sternblitz told National Jeweler that the company is not planning on exiting any geographic markets and that "there is the potential that the people impacted get placed at other stores or other brands."

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