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NOVEMBER 21, 2008, 3:38 P.M. ET

AnnTaylor Swings to Loss, Withdraws Outlook

Article
Comments

AnnTaylor Stores Corp.'s swung to a fiscal third-quarter loss on slumping margins and sales as the company withdrew its outlook for the year amid the uncertainty in the retail segment.

Consumer spending in recent months has fallen for the first time in more than decade, and many companies and analysts have raised concerns that retail sales for holidays could be markedly ...