that it would not reopen at least 150 of the North American stores and 80 of the UK stores it had closed in response to the coronavirus pandemic.
CEO Gina Drosos said in the company's earnings call on Tuesday that the closures would be concentrated in underperforming malls. Signet reported that same-store sales were down 38.9% in the most recent quarter, which includes both e-commerce and in-store sales. Digital sales grew 6.7% in the quarter.
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