How many zales stores are there

Signet also is reviewing a voluntary severance offer it made in February and March to 3, employees in corporate offices in Irving and Akron, Ohio. Those staff reductions could be followed by additional layoffs, the company said. Separately on Tuesday, the company said it will eliminate jobs, or more than 20 percent of its workforce, in Irving as a result of its decision to close its repair and manufacturing operation and consolidate it to Akron.

Results of the voluntary separation offered to corporate staff won't be available until the end of April, said spokesman David Bouffard. Signet had 2, people in Akron and in Irving before the recent cuts. Signet moved its Texas operations from the former Zale Corp. The manufacturing space will be given back to the developer, Bouffard said. Signet said collecting sales taxes in additional states is affecting its online operation, James Allen.

Online sales slowed significantly at the end of last year, Drosos told analysts in a conference call Wednesday to report fourth quarter results. James Allen, which it purchased in , posted a 1. It collected state and local taxes from about 50 percent of its sales, as more states clarify how they want e-commerce companies to tax online purchases by their residents.

By the end of this year, Drosos estimated that about two-thirds of its online sales will include sales taxes. States are responding to a U. Supreme Court decision allowing them to collect taxes from internet shoppers even if the retailer doesn't have a physical presence in the taxing state. Signet reported that most of its closings last year were Kay stores and regional brands such as Gordon's, a Texas chain that Zale bought decades ago and expanded for many years.

Signet acquired Zale in The largest specialty jewelry chain operates 2, stores in the U. There are 10 Gordon's stores remaining in Signet's portfolio of regional brands. The Florida stores are in Lakeland and Fort Myers. Maria Halkias , Staff writer.

Save better, spend better: Money tips and advice delivered right to your inbox. Sign up here. Drosos said during an earnings call Tuesday. Drosos said the company has largely moved out of lower-tier malls already and would be reducing further exposure in declining malls. While the stores were closed, the company rolled out virtual appointments that allow store managers to video conference and co-browse with potential customers and added curbside pickup to some locations.

So far, 1,plus stores have reopened after being closed since March, the company announced Tuesday. Since COVID, Drosos said stores have reached out to more than 23 million customers and held more than , virtual appointments.

Shopping reinvented: America's stores, malls reopen with masks, curbside pickup and closed fitting rooms. Facebook Twitter Email.