Executives decided to close the locations due to their "ongoing review of our operations, especially in this challenging environment," says Dorritt Bern, the company's president and CEO, in a statement. The measure will leave Charming Shoppes will about 2,300 units.
Though it is closing all of the petite-sized-geared Petite Sophisticate retail stores, Charming Shoppes will leave open the 54 outlet units the chain operates, which are usually connected to outlet stores of the plus-sized Lane Bryant.
Fashion Bug, Charming Shoppes largest chain with just over 1,000 units, had a 6% same-store sales drop for the nine weeks ended Jan. 5. Lane Bryant retail and outlet stores, which number just over 920, fell 8%. The 476-store Catherines chain dropped 10%.
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