Signet Jewelers Ltd. has announced a corporate reorganization to align with its Grow Brand Love strategy, primarily affecting its North America segment. The reorganization involves restructuring the brand and certain functional areas, as well as optimizing the store fleet by closing underperforming stores and repositioning others. The company anticipates incurring costs between $30 million to $45 million, including $10 million to $15 million in non-cash charges related to asset disposals and impairments. Completion of the plan is expected by the end of Fiscal 2026, with store optimization continuing over the next two to three years.
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