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Charming Shoppes widens Q4 loss, to close 240 stores

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Bensalem, PA–Charming Shoppes Inc. reported Thursday a narrower-than-expected loss as the specialty women’s apparel, footwear and accessories retailer’s holiday fashion assortments pleased consumers and its inventory improved because of higher discounts. For the quarter ended Jan. 29, the company lost $30.4 million, or 26 cents a share, compared with a loss of …