Because "Three Months' Salary" Isn't As Much As It Used To Be

The Dallas-based retailer Zale — which plays on the hopes and dreams of the soon-to-be-married and otherwise romantically agitated in order to fatten its bottom line — is borrowing money from one creditor in order to pay off another. And: “While its debt fell during the most recent quarter, the company had drawn down on all but $67 million of its $500 million credit line.” What, is it planning a wedding or something?