We Baby Boomers loved Red Lobster and Talbots. The love affair ended when they stopped providing us with what we wanted.
At Talbots it was clothes for The Professional Woman who went into the workplace in the late 1970s. We couldn't make a mistake at Talbots, whether we needed an interview suit or a casual outfit for the company retreat.
Then, for whatever reasons, both diluted their focus on pleasing us. Talbots hasn't fully recovered. Time will if Golden Gate Capital, which bought Red Lobster from Darden last May, can turn it around.