Rudolph and Nancy Talbot opened their first store in Hingham, Mass in New England near Boston in the year 1947. The store was known as the store with the red door. One year later in 1948, the Talbots started a direct mail business by distributing 3000 pamphlets to customer names obtained from The New Yorker. Presently, the company has more than five hundred stores in forty five states in America and Canada. Talbots also has an e commerce site to serve customers online. In the 1950s, the business had faded in its first location and needed a revamp. Therefore, Talbots was moved to a two storeyed house built in the 17th century. Further expanding the business, the company opened its first branch shop in Duxbury in Massachusetts. Later, Talbots opened stores in Hamden and Avon in Connecticut and Lenox in Massachusetts. Talbots grew from less than twenty to one hundred and twenty six stores within eight years. The retail enterprise flourished and in 1973, Talbots was sold to General Mills. General Mills divested its specialty retail unit and Japanese retailing company JUSCO Co. Ltd bought Talbots in 1988. The company went public in November 1993 and Sycamore Partners acquired Talbot in August, 2012. Sycamore Partners is a private equity firm specializing in retail and consumer investment.
Talbots aims to serve its clients and the fashion community which it serves. The company believes in the philosophy- do what is right for the consumer. The prime values include good customer service, high class tailoring and personalized services to its clients. The company invests in researching for the best quality of fabric and fashion designers. Graciousness and politeness towards its customers are some of the most important values of the company. Some of the other values include classic styling, personalized services to its consumers and no compromise when it comes to the best quality of the products. Since Talbots wants to reach out to all its customers, the company also provides an e commerce site option. The company does not want to be bound by geographical area. Some of the designs are ageless and always liked by the clients. Overall, passion is the most vital characteristic of the company.
What makes Talbots' unique?
Majority of Talbot’s customers are well educated and smart. Most of them are professionals. They value the classic style and attitude that the company offers to them. Talbot is known for its unique flawless tailoring, awesome colors, classic style and personalized services. The company has the prime objective of fulfilling the fashion needs of its clients. The firm is known for its urbane clothing, chic accessories and fashionable products that appeal to its target audience. The fashion house is well known for its unique gracious service and a high quality selection of timeless wardrobe essentials in an expansive range of sizes.