TALBOTS is an American specialty retailer and direct marketer of
women's clothing, shoes and fashion accessories.
At the end of fiscal 2013, the company operated 495
Talbots stores in
the U.S. and Canada: 425 core
Talbots (412 U.S.; 13 Canada), 65
Talbots Factory Outlets (U.S.) and five
Talbots Clearance stores (4
U.S.; 1 Canada). The company's retail operation comprises
approximately 80% of its overall business, with the other 20%
conducted via catalog and internet.
The first shop, located in
Hingham, Massachusetts , was opened in
1947 by Rudolf and
Nancy Talbot . In 1948, the
Talbots launched a
direct mail business by distributing 3,000 fliers to names obtained
The New Yorker
The New Yorker magazine. They sold the company, consisting of a
growing catalog enterprise and five stores, in 1973 to
General Mills .
The chain was expanded along the U.S. east coast. When General Mills
divested its Specialty Retail Division in 1988,
Talbots was acquired
by JUSCO Co Ltd. (now ÆON Co Ltd.).
Talbots became a public company
in 1993 and was traded on the
New York Stock Exchange
New York Stock Exchange under the symbol
TLB. The New York City-based private equity firm Sycamore Partners
Talbots in August 2012 for $391 million (including debt).
Talbots also had stores for both men's and children's apparel.
* ^ Primack, Dan (2012-08-07). "Private equity deals: August 7,
2012". Finance.fortune.cnn.com. Retrieved 2012-08-15.
* ^ "The Talbots, Inc. Company Profile", Hoover\'s
* ^ "SYCAMORE PARTNERS COMPLETES ACQUISITION OF TALBOTS: Lizanne
Kindler Named CEO , Press release, Sycamore Partners, New York, NY and
Hingham, MA, August 7, 2012
Talbots additional terms
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