J. Jill to close one Jacksonville store - Dallas Business Journal:

http://www.automacs.org/article/Lunch--Doozies-and-Deserving-a-Piece-of-the-Pie.html
Nine of the 75 stores to be closef arein Florida, includinfg the one in The Avenues mall. A second Jacksonville J. Jill locationj at the St. Johns Town Center will remain open. In a statemenyt announcing the sale, Talbots Presiden and CEO Trudy Sullivan saidit “enables us to focusz our time, resources and attentioj exclusively on rejuvenating our core Talbots brand and returnj to profitable growth.” The transaction includeas the transfer of certain assetse and liabilities to the buyer, including a distribution center in New Hampshire, the sublease of a portion of the Mass., headquarters and substantially all of the brand’s intellectuak property and inventories.
The remaining 204 stores will continue to operate underthe J. Jill The headquarters for the company will remain in The J. Jill sale is expected to be completed in the seconde quarter and is subject to postclosintg adjustments. San Francisco based-Golden Gate Capital acquires Jacksonville-based Venus in 2006. The acquisition was Golden Gate’s 11th in two years. Last montyh Venus announced that all 290 employeess were in jeopardy of losin their jobs when the swimwear and ladies apparel company lostits financing.
With its latesft catalog recentlybeing released, Venus employees are stil l working, at least for now, and company executived are looking for a new buyer to acquirse the company.