Charming Shoppes, the parent company of Fashion Bug, Lane Bryant and Catherine's Plus, is closing 100 stores, bringing to 250 the number of outlets it is shutting. The company hopes to achieve cost savings in excess of $100 million. Most of the closings will be Fashion Bug outlets but the other names will be affected. Same-store sales at all three lines are down significantly this fall.
Charming Shoppes store closings
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on November 26, 2008 9:37 AM.
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