Post # 1
Hi bees, so I need some help
I keep hearing and seeing these rumors of Zales closing, and I have been since me and my Fiance have gotten together, we’ve been together almost 3 years. So IS IT ACTUALLY going to happen, or are people just being absolute idiots? I’m not sure if I believe it. I went into a Roger’s jewlers last year, exactly a year ago when me and my Fiance were looking at e-rings, the lady who was helping me out asked if I had found any ring that I liked elsewhere and I said yes, Zales, and she responded with “oh well they are going out of business in 6 months”, well, that never happened. I think she was just pulling my chain so I would do business with THEM.
I need to know because me and my Fiance are going to look at an e-ring I am absolutely in love with, this weekend. Posted here about it:
So…I might be a diamond girl, instead of a moissy girl, well kinda. read.
So I want to know before we go and buy my dream ring, then find out their closing and wont have insurance or the means to get it fixed if something happens. This is quite annoying, Im pretty sick of the scares. lol
Post # 3
They closed a bunch of individual stores a few years ago. That’s 100% fact. I think it happened when everyone was panicking over the economy, leading some people to say that they would close for good. This isn’t necessarily the case. The company is still posting losses, but I haven’t seen anything about imminent bankruptcy. http://www.proactiveinvestors.com/companies/news/17780/zale-widens-q4-losses-on-higher-commodity-costs-17780.html
Post # 4
@MidwestBride2012: oh ok, well the ones closest to me haven’t closed, so I don’t think that I have much to worry about. I’m just sick of going places and hearing, “oh, dont purchase there because they’re going under, get your ring here!” so annoying lol
Post # 5
@agirlwithdreams7: you already love the ring so i wouldn’t let their potential closing sway you.
Post # 6
@elliestan: That is what I was going to say. Once you’re in love with the ring, you can’t not love it anymore :). Get it and cherish it. I adore my Zales ring (their insurance policy is wonderul too though)
Post # 7
I wouldn’t let this bother me, however…the main stones in the ring are baguettes. I’ve read reviews of this ring being fragile and the baguettes chipping or breaking, and for repair purposes, Im not sure what would happen if they were to close, one of the diamonds chip, and I would need to get it replaced then couldnt. I wanted to know for sure, if they were closing, because this is a concern. It would be different if it was an ordinary round solitaire, I could get different insurance on it and buy a new stone, but because of the unique-ness of this ring it makes it wayyy more difficult.
Post # 8
Even if the rumors of their demise are not true, that doesn’t mean it’s not something that can’t happen in the future. You can get your ring and insure it.
With that said the rumors are still circulating and publications have noted that they are a brand that’s likely to go away before too long (too much competition from megastores, and not enough of a margin for brick and mortar shops vs the internet).
We decided to save some change upfront and pieced the setting together with an internet, GIA certified diamond.
Post # 9
@agirlwithdreams7: Individual stones like that if something were to happen is actually not that expensive to fix. We were super worried about losing a stone when I bent one of my rings that has a pave band, and the jeweler we took it to say it would be maybe 30 bucks. Well, granted mine was tiny, but it wouldnt be too rediculous to fix on the off chance. I think as long as you dont bash your hand on stuff pretty freaking hard, rings are safe… it’d have to be a pretty freak accident to damange a ring. I used to wear a pink sapphire ring with baguettes for years with no problem. As long as you are doing manual labor – construction type stuff, you should be pretty safe.
Post # 10
Oh no I would cry if Gordons(Zales) closed… Mainly because I got the lifetime warranty and I’ve already used it once =/ I’m sure it’ll need multiple repairs down the road too… gah!
Post # 11
I would also suggest adding it to your homeowner’s or renter’s insurance…I spoke to my agent about insuring some diamond rings (not an e-ring, because I don’t have one yet) and the cost was very small…I just have to show a receipt or an appraisal and they will cover ANYTHING, even things the store plan won’t like if I lose the entire ring or something. The piece of mind is worth it. 🙂
Post # 12
My ring is from Zales Outlet! FACT! =) And I love it! And I have the “Lifetime Insurance” or whatever too!
I’ll do what I have to do if and when that time comes for my ring (heaven forbid) needs repairing or fixing.
Just do enough research until YOU and Fiance feel comfy. Go in and talk to a Manager, tell them your fears. I know my Fiance would have asked a zillion questions lol. Dont be scared; your making a big purchase!
Post # 13
I have a Zales ring, I sure hope they aren’t going under. That’d be a bummer.
I know they’ve closed at least one store close to me but others are still around.
Post # 14
My ring is from a branch of Zales, and they did close the store closest to me. But no, I don’t believe the whole chain is closing.
Post # 15
They closed the Gordon’s near me a few months ago but I see Zales all over the place.