Zale Replaces CEO
Published at: www.forbes.com
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Zale Inc's Poor Performance More Than Management
December 27, 2007
Zale Inc's recent poor performance and increased debt is more than management. Zale has not adjusted to the weakening economy or the present consumer retail environment. Recent poor share performance is traced to the recent retrenchment in the share performance of gold producers, weakening consumer goods markets, and the high costs of working with a gold product.
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Nicholas WhitePresidentRetail Horizons, Inc
Zale's New CEO, New Name, Old Address-Has Anything Changed?
December 21, 2007
Having lost most of its retail jewelry talent over the last 18 months, Zales's new Chairman hires a non-jewelry Chief Executive to turn the company around. Whether he's got the 'right stuff' is uncertain. But one thing is clear, he doesn't know anything about the jewelry business and doesn't have anyone to teach him. While he learns on the job, here are some of the problems he's got to solve to succeed.
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