Fashion Bug, a chain of trust in the Syracuse, is more charming

  Syracuse, NY - It seems like yesterday. A central New York's total market of more than two or

three healthy centers with national chain stores in each center. One of these names familiar to

every mall rat is Fashion Bug. Oh, the error is outside listening. Read more ...

Chain Store Age:

ASECNA bought Charming Shoppes, Fashion Bug crushed

Suffern, NY - ASECNA Retail Group, the acquisition of Charming Shoppes. The company also plans to

cease operations and close to shops Charming Shoppes, Fashion Bug by early 2013, and is

considering a possible sale of Charming Shoppes Figi business, which sells food and specialty

gifts.

In 2011, Charming Shoppes closed 124 stores fashion viruses. The chain had already announced that

it will continue to close some stores announced viruses fashion.

Charming Shoppes, whose banners include Lane Bryant, Fashion Bug and Catherines Plus Sizes will

operate as an independent subsidiary of ASECNA. The combined company will operate about 3,800

locations and has a rear base for 12 months generated more than $ 4.4 billion in combined sales.

"We believe we have an important opportunity to fully realize the potential importance of this

matter," said David Jaffe, President and CEO of ASECNA. "The Lane Bryant and Catherines

businesses are highly complementary to our other concepts, and we expect them to integrate

seamlessly. Although this process will take time, we believe it is a great opportunity to

streamline the business, efficiency to collect and share resources. "

My comment: Charming Shoppes is based in the Philadelphia area, and as I was from early childhood

"in the Philadelphia area basis," I am more than familiar with their cooperatives. Even before

the malls, the retailer was a force, and the filling strip malls malls popular with force.

Fashion Bug was a hot spot with young people and women in their 20s, and remained a force for

decades as it has been a staple in life as the center of this retail format emerged, moved.

But times change and tastes. Just ask executives, including Best Buy, which goes by a few spots

of its own.