Actual finance blog

February 1, 2008

ANNTAYLOR STORES: 117 stores will close

Filed under: legal, management — Tags: , , — Professor Besto @ 5:07 am

AnnTaylor Stores Corp., the clothing retailer geared toward women ages 25-55, plans to close 117 underperforming stores and cut 13 percent of its headquarters staff to boost profit over the next three years.

The retailer, which has nine Ann Taylor and Ann Taylor Loft stores in the St payday advance. Louis area, didn’t identify which stores would be closing. The company operated 921 stores as of Nov. 3.

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