Yes, there really is a company called Charming Shoppes, and it’s in the middle of a full-blown proxy war right now; it’s even managed to delay its annual meeting at the very last second because (ahem) it was having difficulty getting "tabulations in place," according to the general counsel.
My bet is that CEO Dorrit Bern (you know I’m not making this up) is a goner, not that I know anything. But any company with the word "Shoppes" in its name deserves all the opprobrium it gets. Over time, I’ve managed to overcome most of my annoyance at the "International Shoppes" in American airports, but putting this horribly twee pseudoword in the name of a publicly-listed company? That’s just wrong.