RETAILING

Zale Family Seeks to Reclaim Gem Chain: Zale Corp.’s founding family launched a long-awaited campaign to reclaim the jewelry retail chain it sold in 1986. Under a reorganization plan filed in U.S. bankruptcy court in Dallas, former Chairman Don Zale and former President Bruce Lipshy, cousins who are sons of the company’s founders, would lead an investment group that would pump $110 million into Zale. The investment includes $30 million already raised by the two and $80 million from Swarovski International Holdings, a Swiss investment concern that owns 50% of the company.