CEO of Charming Shoppes Resigns
BENSALEM, Pa. (AP) — The head of struggling women's clothing retailer Charming Shoppes Inc. stepped down Wednesday after recent turmoil that included a first-quarter loss and a bitter proxy fight. President and chief executive Dorrit J. Bern's resignation takes effect immediately, the company said in a statement. The parent of Lane Bryant, Fashion Bug and Catherines stores said board chairman Alan Rosskamm will serve as CEO until a replacement for Bern is found.
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For more on this story, go to pennlive.com.
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