Ann Inc. profits double, but 100 jobs will be cut; chief Kay Krill says trafifc is 'soft'
March 14, 2014 at 14:44 PM EDT
Women’s apparel retailer Ann Inc. posted a better-than-expected jump in fiscal fourth-quarter profits, but said it plans to cut 100 jobs, or 5 percent of its full-time workforce, to further cut costs...