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Charming Shoppes was founded in 1940, it went public in 1971, [3] and was ranked 927th on the 2012 Fortune 1000. [4] On May 2, 2012, Ascena Retail Group, the parent company of Dressbarn, announced that it would acquire Charming Shoppes with a $900 million transaction through a combination of cash in hand and $325 million of borrowings from credit facilities.
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The Cato Corporation is an American retailer of women's fashions and accessories. [3] The company is headquartered in Charlotte, North Carolina . As of January 2016, the company operated 1,372 stores under the names Cato, Cato Plus, It's Fashion, It's Fashion Metro and Versona.
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Soresi was born on August 20, [5] 1988 [6] in Potomac, Maryland to an Italian father and a Jewish mother. His parents divorced when he was days old. [7] He attended Georgetown Day School. [8]