America's largest jewelry retailer, sales are down due to cancellation of orders

America's largest jewelry retailer, Zale has been canceled
orders for some suppliers, mainly because of its ever-increasing debt
and a decline in sales. In a report to the U.S. Securities and
Exchange Commission documents Zale said at least one year of business
with the store sales fell 18.6 11%. Familiar with the situation said
diamond supplier, said Zale response to declining sales measure is
canceled by the end of November orders for tens of millions of
dollars.