A Merchant Will Save Talbots, Not a Number Cruncher


“Talbots’ new CEO has a solid track record in finance and operations, but some analysts say the long-struggling classic women’s clothing retailer needs a talented merchant rather than a numbers man to complete a turnaround at the newly private company,” the Herald wrote this morning. Talbots continues to fall flat in appealing to a younger, hipper audience—even after an aggressive plan to change their ways—and appointing a financial wiz is probably not the solution. [Herald]