In 1989, Zale acquired Gordon's Jewelers, which had been a major competitor.
The same year, Zales announced the initial public offering of its stock (ZLC) and began trading its public shares on the American Stock Exchange in 1958. In 1957, Zales Jewelers opened its first store in a shopping center-a major shift from operating only in downtown locations. In 1998, online shopping was opened at Corporate restructuring Zales Jewelers moved its headquarters from Wichita Falls to Dallas in 1946. The success of this credit policy led to the company expanding to a total of 12 stores in Oklahoma and Texas by 1941. B.) Zale and William Zale (born Zalefsky), along with Ben Lipshy opened the first Zales Jewelers store (now a division in the multi-division company).Īs a marketing strategy, the Zale brothers instituted a credit plan whereby customers could pay "a penny down and a dollar a week," making jewelry and other merchandise affordable for the average working American. The company began in 1924 in Wichita Falls, Texas, when the two Russian-Jewish immigrant brothers Morris (M. The principal executive offices are located in Coppell, Texas. The Zale Corporation is an American jewelry retailer, incorporated in Delaware in 1993. In August 2013, it was determined to be the world's most popular app for smartphones, with over 54% of global smartphone owners using it at least once.A Zales store on the second floor of the Lehigh Valley Mall in Whitehall Township, Pennsylvania, October 2020
Zales locations near me for android#
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