Talbots in Strategic Review

Hingham, Mass., Talbots Inc. said Tuesday it has retained a consulting firm to assist the company with a strategic review.

The goal of the review is to provide a comprehensive plan to improve profitability and improve business performance, Trudy Sullivan, the company’s president and chief executive, said in a release.

Aside from evaluating the Talbot brands, the consulting firm will review operating matters, store growth, productivity, noncore concepts and distribution channels.

The review is expected to be completed by the end of the first quarter in 2008.

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