Fashion Bug, a women’s accoutrement and accessories alternation with a continued history in the region, will abandon from the retail mural abutting year.
Ascena Retail Group Inc., of Suffern, N.Y., completed an $890 actor buyout in June of Charming Shoppes Inc., the Bucks County-based ancestor of Fashion Bug.
Ascena, which operates the Dressbarn, Maurices and Justice accouterment chains, appear it will abutting the actual hundreds of Fashion Bug food by aboriginal in 2013.
It did not address how abounding bodies would be laid off and efforts to ability Ascena were unsuccessful.
Fashion Bug currently operates food in Scranton, Wilkes-Barre Twp., Honesdale, Tunkhannock, Mount Pocono and Matamoras.
The company’s website says there are 600 Fashion Bug food in 43 states.
“Fashion Bug has been a adversity for years,” said Howard Davidowitz, a New York retail adviser and advance banker.
“They could never do the aggregate to absolve the admeasurement of their stores.”
Ascena will aggrandize its ability into the women’s plus-size bazaar with the accession of Charming Shoppes’ Lane Bryant and Catherines Plus Sizes stores.
Charming Shoppes bootless in an attack to assure Fashion Bug by accepting added retail chains, Mr. Davidowitz said.
The aggregation bankrupt 124 Fashion Bugs in 2011.
“It was a amazing cesspool on the company,” he said. “They abject the accomplished alternation down.”
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