Talbots to Shutter 20 Stores

| Jim Tierney

Two months after announcing it would drop its Kids and Mens lines, Hingham, MA-based merchant The Talbots said March 12 it plans to close 20 under-performing stores

Total Luxury Group Acquires Petals

| MCM staff

Apparel holding company Total Luxury Group announced Monday that it had acquired home decor products merchant Petals Decorative Accents for about $20 million.