Talbots Dropping Children's, Men's Lines
Posted on: Friday, 4 January 2008, 15:00 CST
Talbots announced Friday it would drop its line of men's and children's clothing by September.
The Hingham, Mass.-based retailer said it had been decided the concepts did not generate the potential for a suitable long-term profit.
The move means Talbots will close about 78 stores throughout the United States, involving around 800 employees, about 5 percent of its work force, the Boston Business Journal said.
Source: United Press International
Related Articles
Rating: 2.8 / 5 (12 votes)
 |
 |
Rate this article:
User Comments (0)
RSS Feeds