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Ann Inc.

Headquarters: 7 Times Square
New York, NY 10036
Employees: 4,550
CEO: Kay Krill
Website
: http://www.anntaylor.com

Stock Symbol: ANN

Career Page

ANN INC. is the parent Company of the Ann Taylor and LOFT brands, a leading specialty retailer for fashionable women’s clothing, shoes and accessories. There are 1,050 stores in 46 states, District of Columbia, Canada and Puerto Rico.

The Company meets the needs of modern women's busy lifestyles by providing a full range of career, casual and occasion offerings in one location.

Ann Taylor, through its 261 store locations and online, competes in the "better" priced category, and caters to the aspirational career woman, who needs modern, fashion conscious attire for her professional life and special events, and prefers stylish, coordinated looks for her leisure activities.

LOFT, through its 546 store locations and online, competes in the "upper moderate" priced category. LOFT collections are designed for the value conscious women with a more relaxed lifestyle both at work and at home.

Ann Taylor Factory and LOFT Outlet stores, with 241 store locations, are shopping destination in their own right, with clothing merchandise specifically designed and made to carry the Ann Taylor Factory and LOFT Outlet label.

The company's merchandise is manufactured in over 26 countries, with approximately 32% made in China, 14% in Hong Kong, 12% in the Phillippines, and 6% in South Korea.

The company has flagship stores in New York, Chicago and Los Angeles.

TTotal net sales for the full year of fiscal 2013 were $2.5 billion, compared with net sales of $2.4 billion in fiscal 2012. By brand, net sales across all channels of the Ann Taylor brand totaled $959.8 million in fiscal 2013, compared with net sales of $945.2 million in fiscal 2012. At the LOFT brand, net sales across all channels were $1.53 billion in 2013, compared with net sales of $1,430.3 million in 2012.

During fiscal 2013, the Company opened 66 stores, comprised of seven Ann Taylor stores, seven Ann Taylor Factory stores, 38 LOFT stores and 14 LOFT Outlet stores. The Company closed 25 stores during the year. The total store count at the end of fiscal 2013 was 1,025, comprised of 268 Ann Taylor stores, 108 Ann Taylor Factory stores, 539 LOFT stores and 110 LOFT Outlet stores.

History

Ann Taylor's rich heritage dates to 1954, when founder Robert Liebeskind, the son of a dressmaker, opened his first shop. Back then, "Ann Taylor" represented a best-selling dress style that had been gifted to the storeowner by his father. The "Ann Taylor" design embodied the well-dressed woman, and the Ann Taylor legacy was born.

The first Ann Taylor store opened in New Haven, CT in 1954. "Ann Taylor" was the name of a best-selling dress at the founder's father's store. Both the best-selling dress and the name "Ann Taylor" were given from a father to his son for good luck.

The company changes its name to Ann Inc. in 2011.

Benefits

- Medical Benefits
- Dental Benefits
- Vision Benefits
- Life Insurance
- Short-term Disability Plan
- Long-term Disability Plan
- Flexible Spending Accounts
- Transportation Reimbursement Incentive Program
- 401k Savings Plan
- Pension Plan
- Tuition Assistance Program
- Associate Discount Stock Purchase Plan
- 15% discount
- Savings Bonds
- Adoption Assistance Program
- Employee Assistance Program
- Paid Time Off
- Merchandise Discount -
Ann Taylor offers a generous associate discount of 40% off full-priced and 25% off marked-down items from Ann Taylor, Ann Taylor Loft and Ann Taylor Factory Direct, purchased in stores or online. Discount privileges are extended to the associate, his or her spouse, and authorized eligible dependents included on the associate's most recent income tax return.

Updated December 21, 2014

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