Is piercing pagoda bankrupt

Answer 1

Although they are owned by the Zales Corporation, Piercing Pagoda is pretty much the only thing keeping Zales going. They're well on their way to being bankrupt overall. I believe a share of their stock is going for around $4.50 or something of the sort right now, while a share of stock in Walmart is $55. When you compare that, you're forced to see that they are indeed going bankrupt. As well, they have pretty crappy customer service skills and offer poorly created jewelry, so it's hard to establish a firm customer base when they're constantly after every dollar and not in concern with customer's problems.