Shop Talk

Retailers, consumers and prices

Check Out Line: Talbots leveling off

August 27, 2008

talbots.jpgCheck out Talbots’ sales forecast.
 
The struggling women’s apparel retailer said it expects same-store sales to be flat at its namesake stores in the current quarter and down low-to-mid single digits at its J. Jill stores.
 
That looks like progress, especially at the Talbots’ brand.
 
But, wait. Hasn’t the weakness in women’s apparel has been going on for some time now. So the glass-half-empty view would be to look at how that forecast compares with a year ago.
 
Same-store sales at Talbots’ stores fell 8.2 percent last year (and J. Jill same-store sales fell 6.5 percent).
 
So there might be some improvement coming at Talbots’, but it is off a weak comparison.
 
Then again, with how women’s apparel has gone lately, flat same-store sales might be a welcome new fashion trend.
 
Also in the basket:
 
Dollar Tree posts higher quarterly profit
 
Brown Shoe 2nd-quarter profit down; cuts outlook
 
Urban Outfitters Fashion Growth Plan (Wall Street Journal)

(Photo: Reuters)

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •