A new outlet store prototype has been extremely successful, and the chain could easily grow from its current number of 52, said Kay Krill, president and CEO of AnnTaylor Stores Corp.

"We feel strongly about the future of this business," Krill said.

Ann Taylor currently operates 828 stores under the Ann Taylor, LOFT and Ann Taylor Factory stores banners. A new concept is being researched, and will be presented to the board in November, Krill said.

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