Charming Shoppes (CHRS +5.8%) is weighing a sale of its Fashion Bug unit, which accounts for a...

|By:, SA News Editor

Charming Shoppes (CHRS +5.8%) is weighing a sale of its Fashion Bug unit, which accounts for a third of its more than $2B in sales, Bloomberg reports. CEO Tony Romano wants to devote resources to the more profitable Lane Bryant label to revive earnings after almost $500M in losses since 2007.