Around the Net

J.Jill Balance Sheet On The Upswing

For a second quarter, women’s apparel and accessories retailer J.Jill Inc. went from net loss to net income. However, during fiscal 2022, the company expects up to 10 net store closures. “Fiscal 2021 marked a year of significant recovery for J.Jill, driven by the strengthening of our operating model focused on delivering gross margin improvement through disciplined inventory management and full price selling,” said Claire Spofford, president and CEO of J.Jill Inc. 

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