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Talbots Woes

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Looks like Talbots has a lot riding on that Grand Central pop-up shop: The company just lowered its sales forecasts for the third quarter and announced that it would close between 75 and 100 of its stores. The problem isn't just poor foot traffic—which is what the Grand Central kiosk is trying to combat—but also disorganized inventory. According to the Post, stores have been running low on small sizes and crucial seasonal items like light sweaters, and even Linda Evangelista's eternal fabulousness can't make up for that. [NYP]