ANN TAYLOR

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ANN TAYLOR

• A Corporation with Great Opportunities!

2
Team Mates

• Quentin Pongrass
• Graham Blackwell
• John Trydahl
• Erika Defibaugh
• Chuck Cooke

3
Plan of Action
A. Who is Ann Taylor? B. Why You Should Work for
Ann Taylor? 1. Financial Stability 2.
Growth 3. Salary and Benefits 4. Location and
Work Environment 5. Business Ethics C.
Conclusion
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Who is Ann Taylor?

• Founded in 1954
• In 1981 it was purchased by Allied Stores
• In 1991 it became the publicly-held Ann Taylor of
  today
• An up-scale womens clothing store

Source Lexis-Nexis
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Financial Stability

• Sales of 919 million in 1999
• Earnings of 39 million in 1999
• Fourteenth greatest market capitalization in the
  industry. (Plunketts Retail Industry Almanac)

Additional Source Hoovers Online

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Financial Stability (cont.)
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Growth

• They will open 85 Ann Taylor stores in the year
  2000 to total 491
• Ann Taylor Loft stores will increase by 75 stores
  to total 145
• Loft stores offer lower-priced merchandise and
  target younger consumers (Lexus-Nexis)
• This dramatic increase will offer a substantial
  amount of employment opportunities Forbes

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Growth (cont.)

• Ann Taylors target demographic is 25-55 year-old
  middle to upper class women
• This demographic coincides with women entering
  the work force at a greater rate than men (U.S.
  Census Bureau)

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Salary and Benefits

• Ann Taylor does not reveal actual salary and
  benefit information (Ann Taylor Headquarters)
• Comparable jobs in the industry
• Recruiters average income is between 35,
  000-38, 000
• Assistant Buyers average income is 34,
  000-36,000
• We can assume Ann Taylor offers comparable
  wages www.retailindustry.about.com.

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Salary and Benefits (cont.)

• Ann Taylor does offer benefits in the form of
  Pension and Savings Plans (Plunketts)
• In a typical Pension Plan, the company sets aside
  money in a special account
• In a 401k, the employee sets aside a percentage
  of their salary, and the employer matches part of
  that
• 43 of the stock is held by the employees
• It can be inferred that many employees are
  offered stock options (Yahoo Finance)
  Rose Nardi

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Location and Work Environment

• Headquarters are located in New York City
• They offer job opportunities in 41 states
• Their stores are located mostly in enclosed malls
  in highly populated cities.
• Major cities are often more attractive for
  employees
• These stores are designed to emulate a
  professional environment

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Business Ethics

• Ann Taylor is named by Plunketts Retail Industry
  Almanac as a hot spot for advancement for women
  and minorities
• Ten of the eighteen officers are women
  (Plunketts)
• Ann Taylor also donates money and sponsors
  programs for breast cancer research (RDS Business
  Management Practices)

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Conclusion

• Ann Taylor is a well-rounded corporation with
  great potential
• Statistics show the company is prosperous and
  will continue to grow in the future
• Its commended for its business ethics and
  strives for diversity
• Ann Taylor is ready for the future and college
  graduates like you!