BNET Industries

Zales

is in the Retail Industry

Last Fiscal Year Sales:$1.5B
  • Private
  • US
Dow Jones Description

The Zales story began in 1924 in Wichita Falls, Texas, where Morris (M.B.) Zale, William Zale, and Ben Lipshy applied their vision of providing customers with quality merchandise at the lowest possible price to the opening of the first Zales Jewelers. Their idea to offer a higher priced product to everyone was implemented through a revolutionary credit plan of "a penny down and a dollar a week." Although this marketing strategy proved to be successful, it was also the friendly customer service and dedicated employees that led to the jeweler's expansion, reaching 12 stores in Oklahoma and Texas by 1941. Zales has grown from a single store selling jewelry alongside appliances and cameras to a major international jewelry corporation. Over the course of five generations, Zales expanded from a family jeweler located in just a few downtown locations to the largest fine jeweler in retail shopping malls across North America. Having surpassed 750 stores in the United States and Puerto Rico, Zales Jewelers has grown upon the strength of its traditions and its commitment to excellence. Zales Jewelers? focus has always been on providing a wide range of choices for mainstream jewelry customers who seek excellent value in fine jewelry. For this reason, Zales designs and provides much of its jewelry to meet its customers' tastes and expectations for quality and style. ...

Number of Employees 2,999
Contact Information

901 W Walnut Hill Ln

Irving, Texas 75038

1 800 311 5393

NAICS Code Jewelry Stores: 448310

News & Analysis

zales - All News and Analysis

  • Expert Wisdom Regarding 'Risk, Reward and Responsibility'

    - 2008-01-01

    Jersey City-based Saint Peter's College recently hosted its 36th Annual Business Symposium at the Hyatt Regency Jersey City, where four guest speakers explored the event's theme of "Risk, Reward & Responsibility." Amid the speeches, the college's former president, Rev. James N. Loughran, S.J. (who died unexpectedly in December 2006), was...

    Tags: Aetna Inc., Zales

  • Zale Announces Streamlining of Organization

    - 2007-08-06

    DALLAS -- Zale Corporation (NYSE:ZLC), a leading specialty retailer of fine jewelry in North America, today announced the streamlining of its corporate organization that begins with the centralization of support functions for the moderate brands. CEO Betsy Burton commented, "Over the past 12 months we have closely examined all...

    Tags: Company, Zale Corp., Zales

  • Zale Aims to Regain Market Dominance.

    - 2007-02-01

    By William George Shuster, Senior Editor Zale Corp.'s president, Betsey Burton, vows to recapture market share by going back to basics. The year 2006-both fiscal and calendar-was rough on Zale Corp. Shrinking market share and disappointing holiday and quarterly results for...

    Tags: Zale Corp., Zales

  • Fabriyaz Co-Founder Dies.(obituaries)(Obituary)

    - 2006-10-02

    By Staff Greenwich, Conn. --Services were held here last week for Bill Zales, who died in an automotive accident. Zales, 72, was a longtime decorative fabrics executive, who left the industry a few years ago. In...

    Tags: Zales

  • Ratner mulls H Samuel bid as private equity firms eye pounds 2.3bn

    - 2006-08-04

    Bidders are circling Signet Group, the transatlantic jewellery business, which has been approached by private equity groups and whose former boss, Gerald Ratner, has appointed advisers to consider an offer for its H Samuel chain in the UK. Signet shares soared yesterday after Kohlberg Kravis Roberts and...

    Tags: Zales

Decision Makers

Name (plus bio) Position
Jennifer Johnson Merchandise Analyst

Board of Directors

Name (plus bio) Position
Richard C Marcus Chairman

Organization Position Status
Zales Merchandise Analyst Current
The Island Agency Sales Executive Current
Shoals Club Current
Reeds Jewelers, Inc. Associate Former
Georgia Strings Winder, Georgia Former
The University of Georgia Former

Organization Position Status
Digacomm Current
Zales Chairman Current
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