Signet Jewelers to Close 380 Zales, Jared, and Kay Stores in 2020
Signet Jewelers (NYSE: SIG) said hundreds of stores that operate under the Zales, Jared, and Kay Jeweler banners in the U.S. and the U.K. will not reopen while hundreds of others, many in shopping malls, will also be shut down.
The closures will reduce the jewelry store operator's footprint by 20% as part of its Path to Brilliance reorganization strategy.
Image source: Getty Images.
Source Fool.com
