Zale Corp (ZLC), the third-largest jeweler in the United States, is considering selling its Piercing Pagoda kiosk business, Bloomberg News reported.

Zale is considering selling the business in order to focus on its fine jewelry operations, Bloomberg News said without naming its sources.

The unit had revenue of more than $226 million in the year ended July 31 and is profitable. Buyout companies…

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Zale Considers Sale of Piercing Pagoda originally appeared on DailyFinance on Wed, 15 Dec 2010 07:27:00.

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