Zale News

So what do retailers do when demand for something falls? They put it on clearance.

Heavy retail discounts expected as Christmas shopping begins. Weaker than expected 3Q consumer spending causes U.S. to revise GPD growth down to +2.8%. Improved trading for 1-3 ct.

Retail stocks were mixed on Tuesday after retailers Zale Corp. and Dollar Tree Inc.

Jewelry retailer Zale Corp. saw its net loss deepen 19 percent in the recent first quarter of fiscal year 2010 as total sales fell from $364 million in the first quarter of last year to $329 million in the most recent quarter.

In this Aug. 7, 2008 file photo, a Zale's store is shown in New York. Zale Corp.

Revenue in the quarter ended Oct. 31 fell to $329.2 million from $364.1 million.

The lawsuit is pending in the United States District Court for the Northern District of Texas.

The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Northern District of Texas on behalf of purchasers of Zale Corporation stock during the period between November 16, 2006 and October 29, 2009, inclusive for violations of the federal securities laws.

A shareholders' class-action lawsuit has been filed against Zale Corp., its chief executive officer and three former executives, claiming the Irving, Texas-based, 1,931-store chain deliberately deceived investors.

Coughlin Stoia Geller Rudman & Robbins LLP today announced that a class action has been commenced in the United States District Court for the Northern District of Texas on behalf of purchasers of Zale Corporation publicly traded securities during the period between November 16, 2006 and October 29, 2009, inclusive .

Washington--Sears Holdings , Ultra Stores and Blue Nile announced today their decision to shun irresponsible gold mining and seek cleaner sources of gold and precious metals.

Industry veteran Mary Forte has joined Ideal Diamond Solutions , the jewelry industry's groundbreaking, online-technology platform provider, as its first outside investor and advisor to its board of directors.

Law Offices of Howard G. Smith, representing investors of Zale Corporation , has filed a class action lawsuit in United States District Court on behalf of a class consisting of all persons or entities who purchased the securities of Zale between November 16, 2006 and October 29, 2009, inclusive .

No class has yet been certified in the above action. Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff.

Retailers' six-week streak of same-store sales gains has ended. For the first week of the month ended Nov.

Los Angeles Law firm Glancy Binkow & Goldberg said late Monday that it has a filed a class-action lawsuit in the United States District Court for the Northern District of Texas on behalf of purchasers of Zale Corp.

Retailers are rallying Monday afternoon after the G-20 pledge to keep economic stimulus in place until a recovery is certain.

J.C. Penney Co. has added a "daily deal" to jcp.com, and Target.com has one-day-only "daily deals." Penney created screenbusters, playing off the brick-and-mortar world's doorbusters.

The corrected release... NEW YORK-- --Certain BlackRock closed-end funds announced distributions today as detailed below.

Dallas Zale Corp. is being investigated by the Securities and Exchange Commission.