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Zale Plans Store Openings

DALLAS-The jewelry chain plans to open 32 stores in its Peoples Jewellers and Mappins Jewellers formats before the holiday season.

By Debra Hazel | Updated on September 01, 2006

DALLAS-Having successfully pared its store count, Zale Corp. will open more than 30 units before the holidays, executives said at its fourth-quarter conference call. Through Nov. 15, the company will open 32 in-line stores, one-third of which will be in its Peoples Jewellers and Mappins Jewellers formats.

The company opened 17 new stores in the first quarter of last year. “We are aggressively opening new stores,” said Betsy Burton, president and CEO. “If you can have them open for Q2, you have them for your biggest quarter.”

In addition, the chain will remodel, refurbish or relocate 41 locations, double the number of stores redone in the first quarter of last year.

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