Retail books

Ann Taylor job cut backs


Ann taylor stores are getting ready to cut 160 positions
after a 20% drop in the second quarter sales. They are
predicting 20% drop in second quarter sales. It sounds
like a good move for Ann Taylor.

The retail sector isn’t
doing very well at the moment and you have no choice but
to cut costs and staff as it gets ready for a tougher
second quarter.

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