It’s official: Talbots Inc. is seeking a new CEO as it works to turn around its struggling business.
Talbots Inc. reported a loss of $22 million for the third quarter, compared with a profit of $17 million in the year-ago period.
The Talbots on Tuesday said its third-quarter profit rose 17% on cost-cutting.
Talbots is planning to open stores in upscale outlet malls next year, according to Talbots...
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