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Talbots posts smaller-than-expected Q4 loss, accelerates remodels

from Retailing Today

Talbots reported a narrower-than-expected fiscal fourth-quarter loss, and said it plans to expand its store re-image program to improve traffic. The chain also it expects to close as many as 100 stores over the next two years. Talbots lost $2.8 million in the quarter ended Jan. 29, compared with a loss of $1.5 million in the year-ago period more

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