Talbots cofounder dies

New York City Nancy Talbot, cofounder of The Talbots has died from complications of Alzheimer's disease. She was 89.

Talbot died Sunday, Aug. 30, in Boulder, Colo., where she lived.

Talbot and her husband Rudolf opened their first store in Hingham, Mass., in 1947 and launched their mail-order business in 1948.

The couple sold the business in 1973 to General Mills. Rudolf Talbot retired, but Nancy Talbot stayed on as a VP until retiring in 1983.

The company now has 586 stores in the United States and Canada.