Zale Corporation Expands U.S. Customer Financing Options

  Zale Corporation Expands U.S. Customer Financing Options

         Partnership Launched with Genesis Financial Solutions, Inc.

Business Wire

DALLAS -- November 12, 2012

Zale Corporation (NYSE: ZLC) today announced the addition of Genesis Financial
Solutions, Inc. (“Genesis”) to its U.S. alternative financing program. The
partnership with Genesis is consistent with the company’s strategy to enhance
access to financing for its customers. This new financing option, which became
available in October, is offered in Zales, Zales Outlet and Gordon’s retail

Genesis is a consumer finance company that specializes in providing financing
to consumers with near-prime and non-prime credit. Citibank (South Dakota),
N.A., remains the company’s primary consumer financing provider in the United
States. Zale will offer a Genesis revolving line of credit to select customers
whose credit applications have been declined by Citibank, providing them with
an affordable option and similar repayment terms.

"We were impressed with Genesis’ focus on customer service and their ability
to offer a competitive financing option,” said Ken Brumfield, Senior Vice
President of Financial Products for Zale Corporation. “Adding Genesis to our
portfolio of alternative financing lenders further enhances our ability to
assist guests in making their fine jewelry purchases.”

About Zale Corporation

Zale Corporation is a leading specialty retailer of diamonds and other jewelry
products in North America, operating approximately 1,780 retail locations
throughout the United States, Canada and Puerto Rico, as well as online. Zale
Corporation's brands include Zales Jewelers, Zales Outlet, Gordon's Jewelers,
Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. Zale also operates
online at,,, and Additional information on Zale
Corporation and its brands is available at

About Genesis Financial Solutions, Inc.

Genesis Financial Solutions, Inc. provides access to financing to consumers
with non-prime credit through partnerships with retailers, healthcare
organizations and educational institutions who want to serve more customers
and increase sales volume. With over 10 years of acquiring, originating, and
servicing consumer credit, Genesis Financial Solutions has earned a strong
reputation among consumers and partners by offering attractive terms,
innovative technology, and exceptional customer service. Genesis Financial
Solutions offers individuals a chance to obtain the financing they need to
further their life goals. For details on Genesis Financial Solutions and
Genesis Credit programs, please visit


Zale Corporation
Roxane Barry, 972-580-4391
Director of Investor Relations
Genesis Financial Solutions, Inc.
Press Relations and Marketing, 503-350-4329
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