![Owner of Zales, Jared, and Kay Jewelers Announce 400 Closures](http://townsquare.media/site/472/files/2020/06/RS4788_111912121.jpg?w=980&q=75)
Owner of Zales, Jared, and Kay Jewelers Announce 400 Closures
Just after JC Penney announced the closure of hundreds of stores across the country, Signet Jewelers has announced they will be closing many stores as well.
Signet owns Zales, Jared, and Kay, 3 of the largest jewelry stores in the country.
They own over 3,000 stores worldwide, 1,100 have already reopened.
150 stores in the United States have been announced to not re open, and an additional 150 closures will happen by the years end.
While an additional 100 in other countries will close.
The main reason for the closure is obviously due to COVID-19.
They say a loss of nearly 40% in the first quarter of the year.
There is no report if the Kay jewelers in San Angelo will remain open.
![97.5 KGKL logo](https://townsquare.media/wp-content/uploads/2019/05/KGKLFM.png?w=100)
Enter your number to get our free mobile app
More From 97.5 KGKL
![STUNNING: See Photos of the Year From the International Photography Awards](http://townsquare.media/site/341/files/2020/06/541.jpg?w=980&q=75)
![Every ‘Simpsons’ Chalkboard Gag Ranked From Worst to Best](http://townsquare.media/site/442/files/2020/06/simpsons-chalkboard-gags.jpg?w=980&q=75)
![Reba McEntire Surprises Fan Hospitalized With Spinal Injury [Watch]](http://townsquare.media/site/204/files/2020/06/reba-aspen-picture.jpg?w=980&q=75)
![JCPenney Announces Closing Many Stores Nationwide](http://townsquare.media/site/470/files/2020/06/JC-Penney.jpg?w=980&q=75)
![‘Duck Dynasty’ Star Willie Robertson Undergoes Post-Quarantine Hair Transformation](http://townsquare.media/site/204/files/2020/06/Willie-Robertson.jpg?w=980&q=75)
![Fans Petition Disney Parks To Change Splash Mountain Theme](http://townsquare.media/site/442/files/2020/06/Song-of-the-South.jpg?w=980&q=75)
![WATCH: Texas Girl Attempts to Rescue Squirrel and It Goes Poorly](http://townsquare.media/site/472/files/2020/06/Untitled-design-26.jpg?w=980&q=75)
![AMC Says Nearly All Its Theaters Will Be Open in July](http://townsquare.media/site/442/files/2020/06/amc-theater-marquee.jpg?w=980&q=75)
![Straight-A States: States With the Smartest Drivers](http://townsquare.media/site/241/files/2020/08/states-with-the-smartest-drivers-980x639.jpg?w=980&q=75)