Ann Taylor to Accelerate Outlet Expansion in 2011

New York-based AnnTaylor Stores Corp. has announced plans to expand its factory outlet offerings in 2011, with the opening of approximately 35 LOFT outlet stores and five Ann Taylor Factory Stores. "As we have previously noted, we had identified our highly productive factory outlet channel as an area for future growth, particularly for our LOFT brand," said Kay Krill, president and CEO for Ann Taylor. "This extraordinary opportunity to open premium store locations significantly and efficiently accelerates our planned expansion and represents meaningful growth for our very successful LOFT outlet business." The women's fashion retailer is leasing store locations