Zale Corporation (ZLC)

Zale Corporation, together with its subsidiaries, operates as a specialty retailer of fine jewelry in North America. The company operates through three segments: Fine Jewelry, Kiosk Jewelry, and All Other. The Fine Jewelry segment operates 614 stores and 127 Zales Outlet stores that offer bridal designs, branded watches, gemstones, gold merchandise, diamond fashion, and solitaire products under the Zales Jewelers brand; and 146 stores in 9 provinces providing gold jewelry, gemstone jewelry, and watches under the Peoples Jewellers brand. It also operates 122 stores in 24 states and Puerto Rico that offer bridal designs, branded watches, gemstones, gold merchandise, and diamond fashion and solitaire products under the Gordon's Jewelers brand; and 55 stores in 6 provinces providing bridal assortment and branded jewelry under the Mappins Jewellers brand, as well as operates e-commerce sites, including zales.com, zalesoutlet.com, peoplesjewellers.com, pagoda.com, and gordonsjewelers.com. This segment also provides repair services to customers. The Kiosk Jewelry segment offers bracelets, earrings, charms, rings, non-precious metal products, and gold chains, as well as silver and diamond jewelry under the Piercing Pagoda and Plumb Gold brands, through 630 mall-based kiosks. This segment also provides ear-piercing services. The All Other segment offers insurance and reinsurance services for a range of insurance coverages, such as merchandise replacement coverage, group life insurance coverage, and credit insurance coverage. The company was founded in 1924 and is based in Irving, Texas. As of May 29, 2014, Zale Corporation operates as a subsidiary of Sterling Jewelers Inc.