What do women want?
Although Talbots was once publicly traded, it no longer is. A few years ago, they made a mess of things when they decided to chase younger women, thus alienating their core customer base of more mature women.
And like that song from The Music Man says,"You Gotta Know The Territory" -- and so Talbots stock is no more.
Talbots was acquired in 2012 by Sycamore Partners, a private equity firm.
Sycamore Partners recently acquired Belk.
Hey.....Belk is in SS, too. Not on the square but not far away. Something tells me this private equity firm is savvy enough to understand location, location, location......and demographics. (Talbots seems to have gotten over their thing for younger women.)
Classic Boomer
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