Retail group Charming Shoppes has announced the hiring of Anthony M Romano as the company's president and CEO, along with a series of other appointments.

Romano replaces James Fogarty, who stepped down from the CEO position in October last year.

Meanwhile, Brian Woolf has been hired as group president of the company's Lane Bryant unit.

The company has also announced that Paula Price, the executive vice president and CFO of Ahold, has been appointed to its board of directors.

Charming Shoppes also announced that Jonathon Graub has been promoted to executive vice president real estate, Lou Ann Bett as senior vice president and GMM, and Joan Munnelly  as as senior vice president merchandising of the Catherines brand.

Romano added, "We are pleased to be strengthening our team through new executives and internal promotions."

"I believe our customer is underserved and I am passionate about providing her with the fashion, fit and value that she desires and deserves. With our strong brands and solid foundation within a growing market niche, I am very optimistic about the long-term value of and opportunities for Charming Shoppes. I look forward to our future."

Yesterday the retailer reported that for the year ended 29 January, net loss narrowed to $54.0m or $0.47 per share, while sales slipped 0.1% to $2.062bn. Same-store sales increased 3% for the 12 months.