Lost In The Aisles At Woolworth'sLori Bongiorno
Roger N. Farah relaxes in the boardroom of the elegant Woolworth Building in lower Manhattan, a throwback to the glory days of the now-faltering retailer. CEO of Woolworth Corp. since December, Farah knows Wall Street is waiting for a sign he can turn the venerable merchant around. He laughs at rumors he's considering a bid to add the struggling Ann Taylor chain to Woolworth's bulging portfolio. "As soon as the business goes bad, we can have it--right?" he jokes. "I think we have some that we can sell them."
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