SOURCE: MARKETWATCH
NEW YORK, April 20, 2012 /PRNewswire via COMTEX/ --
ANN INC.,
ANN
-0.62%
the parent company of Ann Taylor and LOFT, today announced the launch
of ANNCares360, a program in partnership with Good360, the nonprofit
leader in product philanthropy. The program will facilitate the donation
of available displays, marketing items, and fixtures to local charities
that support women and children.
ANNCares360 allows Ann Taylor, LOFT, ANN Taylor Factory, and LOFT Outlet
stores to enter valued, reusable goods into a tracking system that will
link to Good360's online product donation marketplace and its network
of more than 26,000 charities.
"ANN INC. is a company that is committed to doing business responsibly,"
said Jeannette Ferran Astorga, Vice President, Corporate Social
Responsibility. "The ANNCares360 program aligns perfectly with our
environmental commitment to minimize waste in our operations since most
of these items can be reused. We are pleased to know that we will be
able to provide resources for communities in need. We are also excited
to celebrate the Company's commitment to the environment by launching
this program for Earth Day."
Each year, the Company has items in its stores and corporate offices
that are available for donation across the country. The partnership with
Good360 offers a uniform company-wide system, better tracking
mechanisms, a wider reach, and a sustainable program for the future.
Good360, previously known as Gifts In Kind International, is a pioneer
in the product giving space with recognition by Forbes Magazine as one
of America's top ten most efficient charities. In three decades of
service, Good360 has distributed nearly $7 billion in product donations
to thousands of organizations serving a wide spectrum of people in need.
Good360 is developing the world's largest online product donation
marketplace, where product donations from America's top brands and
retailers become goods for the greater good.
"Thanks to donors like ANN INC., Good360 is able to get essential
products into the hands of those who need them most," said Cindy
Hallberlin, CEO and president of Good360. ANNCares360 is just one of
many programs ANN INC. executes to provide a positive impact on the
environment and the communities it serves. An overview of ANN INC.'s
corporate social responsibility efforts can be found on
www.responsiblyann.com .
About Good360
Consistently ranked by Forbes Magazine as one of the ten most
cost-efficient charities in America, Good360 (formerly Gifts In Kind
International) is dedicated to helping people and communities in need by
distributing corporate product donations to qualified nonprofits.
These include nonperishables, such as apparel, books, toys, personal
care products, office and school supplies, computers and much more. On
behalf of several Fortune 100 consumer, retail and technology companies,
Good360 distributes products to a network of more than 26,000
pre-vetted organizations.
About ANN INC.
ANN INC. is the parent Company of Ann Taylor and LOFT, two of the
leading women's specialty retail fashion brands in the United States.
The Company operates 953 Ann Taylor, Ann Taylor Factory, LOFT and LOFT
Outlet stores in 46 states, the District of Columbia and Puerto Rico as
of January 28, 2012, as well as online at AnnTaylor.com and LOFT.com.
Visit ANNINC.com for more information
ANN
-0.62%
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SOURCE ANN INC.
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