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Kay Jewelers Signet
Signet Cuts Forecast as Hurricanes Hurt Sales
Signet Jewelers’ sales fell in the third fiscal quarter dueto hurricanes in the US and disruptions related to changes in the retailer’scredit services.Group sales slipped 2.5% and same-store sales — at outletsopen for at least a year — dropped 5% in the...
Retail Nov 21, 2017 Rapaport News
Kay
Signet Closes Sale of Prime Credit Program
SignetJewelers has completed the first stage in outsourcing its in-house creditprogram.This includesthe sale of its prime-only receivables tothe card services business of Alliance Data SystemsCorporation for $960 million, Signetsaid. Prime credit relates to customers...
Retail Oct 24, 2017 Rapaport News
kay
Woes Continue for Signet as Sales Slide
Signet Jewelers’ sales dived in the first fiscal quarter amidnegative publicity and a sluggish retail sector.Group sales fell 11% to $1.4 billion in the three monthsthat ended April 29, while same-store sales dropped 11.5%,...
Retail May 25, 2017 Rapaport News
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