Talbots cuts 129 corporate jobs, executive post Jun 6, 2008
Women's clothing retailer Talbots Inc. is cutting 129 jobs in its corporate offices, including one of its top executive positions. The chain said Thursday the job cuts would affect about 9 percent of its corporate employees across multiple locations. (San Diego Union-Tribune -- Business)
Spanish retailer to key 'de-malling' of Chicago Place May 27, 2008
A Zara executive wasnt available for comment Friday, and a spokeswoman for Massachusetts-based Talbots Inc. says she wasnt familiar with the matter. We are in negotiations with (Talbots) now, Mr. Adjmi says. (Crain's Chicago Business)
Retailers face uncertain second half of 2008 May 23, 2008
Plenty of others stores including jewelry retailer Zale's Corp., AnnTaylor Stores Corp. and Talbots Inc. have been shuttering units. Everyone is facing a new reality, Ansell said. (San Diego Union-Tribune -- Business)
Talbots Earnings Beat Expectations May 22, 2008
Two clothing retailers, Talbots Inc. and Limited Brands Inc., reported earnings that exceeded Wall Street's forecasts. Talbots posted a 69% decline in fiscal first-quarter profit, but the Hingham, Mass. (Wall Street Journal)
Talbots Operating Earnings Top View, Shares Jump May 22, 2008
By Martinne Geller May 21, 2008 FONT SIZE. NEW YORK (Reuters) - Women's apparel retailer Talbots Inc posted higher-than-expected quarterly operating earnings on Wednesday, due to a "dramatic improvement" in its merchandising gross margin, sending shares up as much as 15 percent. (ABC News -- Wire)
Talbots operating profit tops view May 21, 2008
Struggling to make ends meet as food and gasoline prices soar. Tell us how you're adjusting your budget now and how you might cope should gasoline hit $7 a gallon. (San Diego Union-Tribune -- Business)
Spanish clothier finally entering Chicago market May 8, 2008
But that store won't open until the resolution of a court case pending in Cook County Circuit Court between the owners of the vertical mall and Talbots Inc., which leases the ground-level store that Zara plans to occupy. previousnext. (Crain's Chicago Business)
Clothing stores feel sharp economic pinch May 2, 2008
Womens retailer Talbots Inc. recently unveiled a turnaround plan that is aimed at improving its fortunes. Abercrombie & Fitch, the teen favorite whose brands also include Hollister Co., reported weak comparable store sales for March, a key indicator of how a retailer is faring. (MSNBC -- Business)
Talbots affirms outlook; sees enough funding Apr 19, 2008
Apr 18, 2008 FONT SIZE. CHICAGO (Reuters) - Women's clothing retailer Talbots Inc stood by its 2008 outlook on Friday and said meeting that goal would give it sufficient funding to continue turning around its business. (ABC News -- Wire)
Sears says credit pact with Bank of America to end Apr 19, 2008
By Emily Chasan Apr 18, 2008 FONT SIZE. NEW YORK (Reuters) - Retailer Sears Holdings Corp said on Friday a credit agreement with Bank of America Corp would come to an end after the bank would not agree to renew it under existing terms. (ABC News -- Wire)
Talbots says has sufficient credit for turnaround Apr 19, 2008
CHICAGO Women's clothing retailer Talbots Inc. stood by its 2008 outlook Friday and said meeting that goal would give it sufficient funding to continue turning around its business. The forecast was released after its shares fell almost 40 per cent in the two days after the company disclosed that Bank of America and Hong Kong Shanghai Banking Corp would stop providing it letters of credit, which were used to back financing for merchandise bought overseas. (Globe and Mail -- Business)
Sears Ends Agreement for $1 Billion Letter of Credit From Bank of America Apr 19, 2008
Credit has become more difficult to obtain, with Talbots Inc. saying earlier this week that Bank of America and HSBC Holdings Plc canceled $265 million in letters of credit. Yanking Credit. (Bloomberg -- US)
Talbots shares drop after 2 banks cut off lines of credit Apr 17, 2008
BOSTON Shares of Talbots Inc. plunged Wednesday after two banks decided to cut off their flow of credit to the women's apparel retailer, making it tougher to find cash as the chain tries to rebound from recent financial losses and store closures. The stock dropped $3. (San Diego Union-Tribune -- Business)
Aeon Logs 1st Operating Profit Drop in 10 Years Apr 7, 2008
said Monday its consolidated operating profit for the year that ended on Feb. 20 dropped year-on-year for the first time in 10 years, as consumers tightened their purse strings following a series of price hikes for food products (JCN Network, Japan)
Houston Saks bags major expansion project Apr 1, 2008
But broker Margaret Regan, owner of Regan & Associates Inc., who represents retailers such as White House/ Black Market, Chico's Retail Services Inc. and The Talbots Inc., says there is a trend for retailers to make their strong stores stronger. "A lot of times, retailers will look at their sales-per-square-foot and make sure that their highest-performing stores are the right size and are offering the right product mix," Regan says. (Houston Business Journal, TX)
Economic woes lead to retail retrenchment Mar 15, 2008
Retailers including AnnTaylor Stores Corp., Talbots Inc. and Pacific Sunwear of California Inc. have closed hundreds of stores so far this year. Gadget seller Sharper Image Corp. filed for bankruptcy protection last month and plans to shutter nearly half of its 184 stores. (MSNBC -- Business)
Talbots to add store to Surrey location Mar 1, 2008
Specialty retailer Talbots Inc. announced Friday it will add a Talbots Woman store to its existing Talbots and Talbots Petites stores at Surrey Center. The store, which will open March 6, will offer casual wear, business fashions, tailored sportswear and dressy separates made under Talbots' private label. (The Augusta Chronicle)
Wal-Mart Sales Signal Retail Slump Feb 7, 2008
Talbots Inc. (TLB) announced Wednesday that it would close some 20 more stores on top of the 78 being shuttered as part of eliminating the Talbots Kids and Mens chains. A day earlier, Charming Shoppes Inc. (CHRS) said it will close nearly 150 underperforming stores and end its new Petite Sophisticate chain. (SmartMoney)
Dismal holiday sales shuts stores Jan 18, 2008
" Related Stories - - - Zale Corp. said Tuesday that by the end of February it would have closed 60 Zales, Gordon's Jewelers and Piercing Pagoda locations, including a Zales in Fashion Valley Mall in San Diego and a Piercing Pagoda kiosk at the Promenade in Temecula, Calif. Zale also said it would close several dozen more stores later this year. Liz Claiborne Inc., which has been reviewing its holdings as it charts a long-term growth plan, is pulling the plug on its 54-store Sigrid Olsen chain,... (Los Angeles Times)
Retailers seen closing stores, paring growth Jan 14, 2008
By Nicole Maestri Jan 13, 2008 Font Size. NEW YORK (Reuters) - U.S. retailers will close stores and reduce square-footage growth plans this year to offset slowing sales, slumping stock prices, a saturated market and a penny conscious shopper, analysts said on Sunday. (ABC News -- Wire)
Health Care Services May Be Expanded for Low Income Missourians Jan 14, 2008
The closures will impact approximately 800 full- and part-time positions, or approximately 5% of The Talbots Inc. total workforce. The Company is considering ways to offer the affected associates other opportunities, where feasible. (Saint Louis Front Page)
Gas, housing crimp retail sales Jan 11, 2008
Earlier this month, Talbots Inc. announced it will close its kids and men s concepts by September as part of a bid to focus more on its core customer women who are 35 years old or older. The Times-Tribune 2008. (Scranton Times, PA)
Retailers report weak results for December as gas prices, slumping housing market take toll Jan 11, 2008
Earlier this month, Talbots Inc. announced it will close its kids' and mens' concepts by September as part of a bid to focus more on its core customer women who are 35 years old or older. Meanwhile, teen retailer Pacific Sunwear of California Inc. said last week it will close its 154 Demo stores, which sell urban apparel, by May. (San Diego Union-Tribune -- Business)
Retailer Talbots names president of J. Jill brand Jan 9, 2008
The women's apparel retailer Talbots Inc. has appointed Paula Bennett as president of its J. Jill brand, effective Jan. 28. Bennett, 58, previously served as president and chief executive of the Appleseed's, Tog Shop, and WinterSilks brands at Orchard Brands. (Boston Globe)
Many chains expected to post softer Dec. sales Jan 9, 2008
By Karen Jacobs Jan 8, 2008 Font Size. ATLANTA (Reuters) - Many U.S. retailers are expected to report disappointing December sales later this week, hurt by everything from the challenging economy to unfavorable weather to the calendar, which shifted more holiday sales to November. (ABC News -- Wire)
Struggling Talbots brings Aeon Q3 profit down Jan 8, 2008
Your browser does not support script. Tuesday January 8, 2008. (The Star Online, Malaysia -- Business)
Talbots to drop kids, mens lines Jan 6, 2008
"The executive management team, with the full support of the company's board of directors, determined that discontinuing these businesses will enable The Talbots Inc. to redirect resources and capital towards its core businesses, including Talbots Misses, Petites, Womans, Collection, Accessories & Shoes and J. Jill Missy, Petites and Womans.". The move means Talbots will close approximately 78 stores throughout the U.S., including 66 Talbots Kids and 12 Talbots Mens stores. (Boston Business Journal, MA)
Retail slides on economic outlook, profit warnings Jan 6, 2008
Talbots exiting kids and men Among other decliners, shares of Talbots Inc. (:TLB, , , Last. Delayed quote data. (MarketWatch)
Talbots to exit businesses, shutter stores Jan 6, 2008
This "will enable Talbots Inc. to redirect resources and capital towards its core businesses, including Talbots Misses, Petites, Womans, Collection, Accessories & Shoes and J. Jill Missy, Petites and Womans.". The move means Talbots will close approximately 78 stores throughout the U.S., including 66 Talbots Kids and 12 Talbots Mens stores. (Baltimore Business Journal, MD)
Sunday Business Jan 6, 2008
- Retailer Talbots Inc. said yesterday it will close 78 kids' and mens' stores by September and discontinue those businesses as part of a bid to focus more on its core customer. . (New York Post -- Business)
Talbots Restructures Jan 5, 2008
- Retailer Talbots Inc. said yesterday it will close 78 kids' and mens' stores by September and discontinue those businesses as part of a bid to focus more on its core customer - women who are 35 years old or older. The company also said its fourth-quarter sales so far were trending lower for both its Talbots and J.Jill brands. (New York Post -- Business)
Retailers see slower holiday growth: reports Dec 17, 2007
By Martinne Geller Dec 16, 2007 Font Size. NEW YORK (Reuters) - U.S. consumers, who flocked to malls at the start of the holiday shopping season, have since backed off, kept out of stores by a Midwest ice storm and the ease of shopping online, data released on Sunday by SpendingPulse showed. (ABC News -- Wire)
U.S. company profits dwindle Dec 11, 2007
Talbots Inc., the Hingham, Mass. women's clothing retailer, also blamed tighter-fisted consumers for a downward revision in its outlook for the fall. (Seacoast New Hampshire)
Talbots in the red as sales drop Nov 28, 2007
NEW YORK Talbots Inc. reported a quarterly net loss Tuesday, versus a year-ago profit, hurt by one-time expenses and lower sales at its namesake apparel chain. Talbots, which also owns the J. Jill brand, posted a loss of $9. (Globe and Mail -- Business)
Blah Clothes Put Women on Fashion Strike Nov 14, 2007
Talbots Inc. is redoing its fashions into styles new president and CEO Trudy Sullivan even calls "sexy." And AnnTaylor Stores Inc., struggling with sluggish business, is set to open a new store concept next fall, aimed at the modern baby boomer. At Lord r, which is now owned by NRDC Equity Partners, a dramatic cleanup has already taken place. (ABC News -- Wire)
Talbots to undertake strategic review Oct 9, 2007
Have you ever been a victim of a crime aboard a cruise ship. If you are willing to discuss your experience, please contact Union-Tribune staff writer Keith Darce at (619) 293-1020 or. (San Diego Union-Tribune -- Business)
Wal-Mart begins holiday price cuts early Oct 5, 2007
Dear Santa: Please buy now; Love, Wal-Mart. Retailer begins holiday price wars early with discounts this week. (MSNBC -- Business)
The Talbots Inc. Sep 4, 2007
Opal Beyer is general manager of the Talbots stores at Stuyvesant Plaza in Guilderland, which will host a fall fashions how Sept. 14 to mark the company's 60th anniversary. (Paul Buckowski / Times Union). (Albany Times Union)
AnnTaylor Profit Exceeds Analysts' Estimates; Discounting Hurts Loft Unit Aug 25, 2007
It may compete with Talbots Inc., Chico's FAS Inc. and Coldwater Creek Inc., Tennant said. Executive Search. (Bloomberg)
Outlook cautious as losses mount for Talbots Aug 22, 2007
NEW YORK Women's apparel retailer Talbots Inc. posted a wider quarterly net loss Wednesday, hurt by weak sales and costs related to its acquisition of the J. Jill chain. Talbots posted a loss of $13. (Globe and Mail -- Business)
Retailers Report Sluggish July Sales Aug 10, 2007
On Thursday, Talbots Inc. was among several stores that cut earnings forecasts. Wal-Mart Stores Inc. also said its profit margins were being squeezed due to heavy discounting. (Forbes)
Retailers' July Sales a Mixed Bag Aug 10, 2007
and Talbots Inc. posted weaker-than-expected results. Saks July sales rose 14. (Fox News)
Weak retail sales reported for July Aug 10, 2007
On Thursday, Talbots Inc. was among several stores that cut earnings forecasts. 1. (MSNBC -- Business)
Osteoarthritis treatment hylastan misses trial goal Jul 6, 2007
incoming CEO to get $1m salary plus stock Talbots Inc. said incoming chief executive Trudy Sullivan will receive an annual base salary of $1 million, according to a Securities and Exchange Commission filing. Sullivan, who starts with the Hingham-based clothing retailer Aug. 6, will also receive 350,000 shares of restricted stock. (Boston Globe -- Business)
Stocks to Watch Jul 2, 2007
Shares of Talbots Inc. () rallied Friday, gaining as the troubled maker of classic women's suits and dresses named a well-respected retailing veteran as its chief executive. Markets. (Fox News)
THIS WEEK'S WINNERS AND LOSERS Jul 1, 2007
TINA BROWNAuthor of The Diana Chronicles laughs off a scathing review as Doubleday announces 255,000 copies have gone to print. JASON BINNNiche Media founder partners with. (New York Post -- Business)
New chief at Talbots Jun 30, 2007
- Trudy F. Sullivan is stepping down as president of fashion designer Liz Claiborne Inc. to become president and CEO of women's apparel retailer Talbots Inc.. Talbot's said Friday that effective Aug. 6, Sullivan will succeed Arnold B. Zetcher, who in February announced plans to retire after leading Talbots for two decades. (AZCentral -- Business)
Talbots names Liz Claiborne president as CEO Jun 30, 2007
By Martinne Geller NEW YORK Liz Claiborne Inc. President Trudy Sullivan is leaving the company to become the chief executive of Talbots Inc., the apparel companies said Friday. Shares of Talbots, which sells classic women's clothing at its namesake chain and more casual clothing at its J. Jill chain, jumped 9 percent in morning trade. (San Diego Union-Tribune -- Business)
Turnaround For Talbots Jun 30, 2007
June 30, 2007 -- Talbots Inc. named an executive with a long history in apparel manufacturing and retailing as its next chief, spurring hopes that the company will take steps to reinvigorate its fashions, which have recently fallen flat with baby boomer customers. Trudy Sullivan, the president of Liz Claiborne, will take up her new post Aug. 6, replacing current Talbots CEO Arnold Zetcher, who is retiring. (New York Post -- Business)
Fund start costs hurt Eaton Vance in 2d quarter May 24, 2007
Weak April sales depress earnings in period Women's apparel retailer Talbots Inc. said fiscal first-quarter profit dropped 81 percent, hurt by a weak April, and lower-than-expected sales of Talbots casual merchandise. Earnings for the quarter ended May 5 totaled $5. (Boston Globe -- Business)
Talbots 1st-qtr profit tops Street view May 23, 2007
NEW YORK Women's apparel retailer Talbots Inc. posted a better-than-expected profit on Wednesday after warning last month that weak sales in April would cause earnings to decline sharply. Net income for the first quarter that ended May 5 fell to $5. (San Diego Union-Tribune -- Business)
Talbots Cuts Outlook, Blames Weak April May 4, 2007
NEW YORK (Dow Jones) -- Talbots Inc. on Thursday slashed its first-quarter profit forecast, citing weaker than expected April sales at its namesake brand. The Hingham, Mass. (SmartMoney)
Nation's Retailer Struggle in February Mar 8, 2007
Retailers are scheduled to report February same-store sales, or sales from stores open at least a year, on Thursday, but several retailers, including Limited Brands Inc., J.C. Penney Co. and Talbots Inc., have already warned of disappointing results. Same-store sales are considered the best measure of a retailer's strength. (Herald Sun)
Weather puts chill on spring fashions Mar 8, 2007
Retailers are scheduled today to report February same-store sales, or sales from stores open at least a year, but several companies, including Limited Brands Inc., J.C. Penney Co. and Talbots Inc., have already warned of disappointing results. Same-store sales are considered the best measure of a retailer's strength. (Orlando Sentinel -- Business)
Stocks to Watch, March 7 Mar 7, 2007
Talbots Inc. () is expected to report fourth-quarter results of breakeven on a per-share basis. Tivo Inc. () is expected to post a loss of 36 cents a share for the fourth quarter. (Fox News)
Gap shutting down Forth & Towne chain Feb 27, 2007
ABC News: Gap shutting down Forth chain. The company expects pretax expenses of $40 million for the closure of the 19 Forth & Towne stores in 10 U.S. markets. (ABC News -- Wire)
Belmont man in line to be ambassador to Saudis Feb 13, 2007
CEO, president to retire next February Arnold Zetcher will retire next year after leading Talbots Inc. for two decades, the Hingham-based apparel retailer said. Zetcher, 66, will step down as chief executive and president at the end of Talbots' current fiscal year Feb. 2, 2008, in accordance with his contract. (Boston Globe)
Ex-Putnam CEO settles SEC charges for $75,000 Jan 10, 2007
lowers 4th-quarter forecast due to slow sales Women's apparel retailer Talbots Inc. said it expects to break even in the fourth quarter rather than post a profit because of recent slow sales at its Talbots stores and the J. Jill brand it acquired last year for $517 million. Talbots said it has resorted to greater-than-expected price markdowns to sell off year-end inventory accumulated after rising spring and summer sales led the company to ramp up its buying. (Boston Globe)
Talbots lowers expectations on slow sales after J. Jill deal Jan 10, 2007
BOSTON Women's apparel retailer Talbots Inc. said yesterday it expects to break even in the fourth quarter rather than post a profit because of recent slow sales at its Talbots stores and the J. Jill brand it acquired last year for $517 million. Talbots said it has resorted to greater-than-expected price markdowns to sell off year-end inventory accumulated after rising spring and summer sales led the company to ramp up its clothing buying. (The Standard-Times, MA)
