(Closed) Is Zales ACTUALLY closing? where’s the proof?

posted 7 years ago in Rings
Post # 3
Member
635 posts
Busy bee
  • Wedding: October 2012

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 # 5
Member
3166 posts
Sugar bee
  • Wedding: October 2011

@agirlwithdreams7: you already love the ring so i wouldn’t let their potential closing sway you.

Post # 6
Member
2701 posts
Sugar bee

@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 # 8
Member
36 posts
Newbee
  • Wedding: October 2012

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
Member
14660 posts
Honey Beekeeper
  • Wedding: June 2011

@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
Member
10714 posts
Sugar Beekeeper
  • Wedding: June 2012

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
Member
2031 posts
Buzzing bee
  • Wedding: July 2012

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
Member
3364 posts
Sugar bee
  • Wedding: December 2011

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
Member
280 posts
Helper bee
  • Wedding: June 2012

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
Member
4803 posts
Honey bee
  • Wedding: September 2011

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
Member
3798 posts
Honey bee
  • Wedding: June 2012

They closed the Gordon’s near me a few months ago but I see Zales all over the place.

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