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Retailer Ann eliminating about 100 positions

By Washington Examiner
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NEW YORK (AP) — Ann Inc. is eliminating about 100 positions from its corporate workforce, the company announced Friday.

While the retailer, whose brands include Ann Taylor and Loft, provided a weaker-than-expected revenue outlook for the year, its earnings nearly doubled in the fourth quarter — a period that included the crucial holiday shopping season.

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