Charming Shoppes to close 240 stores
Bensalem retailer Charming Shoppes Inc. said Thursday that it would close 240 unprofitable stores in 2011, or nearly 12 percent of its total outlets, and that more than half of those would be Fashion Bug stores.
Best Buy Co. announced Thursday they will close 50 stores across the United States and cut over 400 jobs, mostly at the company's headquarters, by fiscal year 2013.