Struggling major retailer Talbots on the rebound

Talbots Inc. posted first quarter results ending April 28th with positive year-over-year comparatives. The company cited a tightening of the bottom-line and operating costs, improved merchandise mix, and retail location rationalization.

Trudy F. Sullivan, Talbots President and Chief Executive Officer, commented, “We are pleased to have achieved profitability in the first quarter, driven by improved merchandise margin compared to the prior year period as well as strong inventory and expense management. Overall, we continue to focus on further enhancing our product, re-engaging with our core customer and executing our key strategic initiatives as the Board continues to actively explore a full range of strategic alternatives.”

The company continues to evaluate strategic avenues to maximize shareholder value. An extension was granted for the exclusivity period that Talbots had entered with Sycamore Partners for a non-binding proposal to acquire all of Talbots’ outstanding common stock for USD $3.05 per share. Additionally, the Board of Directors continues their search for a successor to the current President and Chief Executive Officer.

First Data releases whitepaper on Improving the Value and Performance of Online Offers

 

Due to the emergence of online and digital couponing, First Data has released a new case study to allow insights into how to incorporate and leverage digital platforms to connect offline and online commerce.

The whitepaper aims to demonstrate a clear basis for a working platform and how to:

• Integrate mobile, Internet, and in-store shopping experiences;
• Entice and connect shoppers with offers that don’t need printing to be used;
• Track and trace when offers are redeemed;
• Optimize all offers in real-time with the use of robust analytics.

Going further, the study highlights and points to how merchants can interface with current POS, gift cards and other couponing activities and go digital.

For more information, please view the whitepaper here.