EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

One Talbots Drive, Hingham, MA 02043-1586 USA
Tel: (781) 749-7600; (800) 825-2687
Fax: (781) 741-7734
www.talbots.com
Total Fiscal 2011 Sales: $1.2 Billion -1.8%
Percentage of Sales in Exclusive Brands: 95%
Principal Business: Talbots (NYSE: TLB), founded in 1947, is a leading specialty retailer and
direct marketer of women’s classical clothing, shoes, and accessories. The firm operates some 568
stores, including 551 in 46 US states and the District of Colombia, plus 17 in Canada (including 1
surplus store).
EB Identities: Talbots
EB skus: N/A
Profile: In April 2010, Talbot’s owner since 1988, the Japanese holding company, Aeon Group
(also in this database), sold its 54% stake in Talbots to a special purpose acquisition company,
BPW Acquisition Corp. (BPW), after which merged with Talbots. BPW raised the cash for
Aeon’s interest through an IPO. Talbots itself has been under pressure: its net store sales plunged
by 36.5% to $ 991.4 million; while its direct marketing business gained 14% to $ 221.7 million for
the year. Overall its net profits reached $ 31.4 million versus an $8.9 million loss in fiscal 2010. In
2009, Talbots introduced its upscale Talbots stores, which now number 28 outlets. The chain also
operates 18 surplus outlets in the US.
Procurement Contacts: N/A
TARGET CORP.
1000 Nicolet Mall, Minneapolis, MN 55403 (P.O. Box 1392), Private Label, 16th Floor,
Minneapolis, MN 55440-1392) USA
Tel: (612) 696-1000
Fax: (612) 696-0415