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The article focuses on the plan of Ann Taylor to close underperforming stores and to increase outlet retail in the U.S. between 2008 to 2010 in a program announced in late January 2008. According to the company, the program will include downsizing its employees by about 13% as well as a...
Outlet. Founded by Richard Liebeskind, Ann Taylor’s first store was opened in New Haven, Connecticut in 1954. Today there are more than 122 outlet stores across North America. To locate an Ann Taylor store nearest to your address clickhere. You can locate a store by address, city, state...
In fact, CNN reports that last year 5,994 retail stores across the country closed,among them Dressbarn. Dressbarn had 650 stores all over America. Declining sales and customers were responsible for the closure. The parent company, Ascena Retail Group, owns Ann Taylor and Loft, which remain ...
The article reports on the plan of Ann Taylor Stores to open a new chain, Loft Outlet, beginning July 2008. According to Michael Nicholson, chief financial officer (CFO)/executive vice president (VP)/treasurer, 66 new stores will be opened consistent with the company's intentions of moving ...