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21 Jan

Zale Corp. to close 60 stores

Zale CorpZale Corp. announced today that they will be closing 60 locations in the next 90 days. The locations will include Zales, Gordon’s and Piercing Pagodoa and more locations are likely to be closed later this year.

This announcement comes shortly after Zale Corp. announced a disappointing 2007 holiday season with  same store sales, or sales at locations opened last year, down 9 percent in November and December.

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