Specialty retailer Ann Taylor reports happy sales tidings for Nov
02 Dec '05
3 min read
Total inventory levels at the end of November were down approximately 21 percent on a per square foot basis compared to the same period last year.
By division, inventory levels on a per square foot basis were down approximately 20 percent for Ann Taylor and down approximately 15 percent for Ann Taylor LOFT.
The Company continues to anticipate that consolidated inventory levels per square foot will be down in the double-digit range by year-end.
During the month, the Company opened eight Ann Taylor LOFT stores, and one Ann Taylor Factory store.
The total store count at month end was 829, comprised of 364 Ann Taylor stores, 415 Ann Taylor LOFT stores, and 50 Ann Taylor Factory stores.
Total square footage at the end of fiscal November 2005 increased 14.3 percent over the same period last year.
Ann Taylor is one of the country's leading women's specialty retailers, operating 829 stores in 46 states, the District of Columbia and Puerto Rico, and also Online Stores.
marketing@alchempro.com
