Lane Bryant parent to close 240 stores; Fashion Bug taking big hit

The Pennsylvania parent of the Columbus-based Lane Bryant chain has announced plans to close more than 10 percent of its stores nationwide this year.
Bensalem, Pa.-based Charming Shoppes Inc. (NASDAQ:CHRS), whose holdings also include the Cacique, Fashion Bug and Catherines Plus Sizes brands, said the closings will hit 240 of its 2,064 stores this year. About half of the stores to be shuttered will be its Fashion Bug nameplate, which has 8 stores in Greater Cininnati.
Charming didn't give specifics on which stores it will close, only saying they're...

Source: http://feeds.bizjournals.com/~r/bizj_cincinnati/~3/dH_u3US2Qr4/charming-shoppes-to-close-240-stores.html

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