New York & Co. adds new executive

New York & Company Inc. appoints new chief operating officer

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NWY6.220.06

NEW YORK (AP) -- The women's clothing chain New York & Company Inc. announced Thursday evening that it has appointed Laura Weil as executive vice president and chief operating officer.

Weil has been an executive consultant to New York & Company since Feb. 1. She will continue to lead the company's sourcing, planning and allocation, product life management, real estate and information technology. She previously was CEO of Ashley Stewart, a fashion apparel and accessory retailer for women, from 2008 to 2011.

New York & Company, based in New York, operates 541 retail stores in 43 states.

Shares of the company fell 8 cents, or 2.4 percent, to close at $3.30 Thursday and lost another 5 cents after hours.

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