Talbots Reports 1Q Sales

Talbots Reports 1Q Sales
May 15, 2008

Hingham, Mass.-based The Talbots Inc. reported total sales of $542 million for the first quarter ending May 3, 2008, compared to $574 million for the same time period last year. Retail sales for Talbots was $436 million, versus $457 million; while J.Jill reported sales of $106 million, compared to $117 million. Total company comparable-store sales dropped 9.8 percent, with Talbots declining 7.4 percent and J.Jill decreasing 20.2 percent. "Looking at our Talbots brand, after a solid February and a very difficult March, which was felt across the industry, we experienced a significant improvement in April sales," said Trudy F. Sullivan, president and CEO of Talbots. "We had a good customer response to our recent spring deliveries and a very successful response to our annual April best customer event, which led to a positive mid-single digit April comp and a corresponding increase in the brand’s direct marketing sales." The company operates 865 stores in 47 states, the District of Columbia, Canada and the United Kingdom under the Talbots and J.Jill brands.

Produced by: Nielsen Business Media, a part of the Nielsen Company
	Hospitality Design \| Kitchen & Bath Business \| Display & Design Ideas Multi-Housing News \| Commercial Property News \| Impressions

DDI has been heralding the latest retail store design ideas since 1988 and has become a trusted source for all things retail. When DDI first appeared 20 years ago, the market was right for a magazine that focused on the retail environment. DDI has grown to become the retail design resource for store design concepts and a trusted guide to retail design ideas. DDI carefully chronicles the changes and focuses on the things that generate a buzz the world over in the retail industry.