2009-10-26 18:25:02 - Charming Shoppes, Inc. - SWOT Analysis - a new market research report on companiesandmarkets.com

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This Charming Shoppes, Inc. Company Profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.

Charming Shoppes is a retailer of multiple apparel brands with a focus on women’s plus-size apparel. The company operates in

the US. Charming Shoppes is headquartered in Bensalem, Pennsylvania and employs about 30,200 people; this figure includes 19,900 part-time employees. The company recorded revenues of $3,010 million during the financial year (FY) ended February 2008, a decrease of 1.9% over 2007. The operating loss of the company was $78.9 million during FY2008, as against an operating profit of $172.5 million in 2007. The net loss was $83.4 million in FY2008, compared to a net profit of $108.9 million in 2007. Charming Shoppes attributes the decline in profitability to increases in impairment charges related to Crosstown Traders goodwill and trademarks, restructuring charges as well as selling, general, and administrative (S,G & A) costs.

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