Charming Shoppes swings to loss in Q2

Plus-size retailer Charming Shoppes reported Wednesday a loss of $8.6 million in the quarter ended July 31, compared with a profit of $5 million in the year-ago period.Sales for the quarter dipped 1.8% to $517.6 million. Same-store sales increased 1%, and e-commerce sales rose 36% to $30.5 million.Jim Fogarty, president and CEO of Charming Shoppes said that the company is “an operating turnaround, and my team and I are focused on the success of that turnaround.”The retailer made a number of executive changes during the quarter, including the appointments of a new president at Fashion Bug, a new president