Abercrombie & Fitch

retaildive | May 29, 2019

Abercrombie & Fitch Co. on Wednesday reported that first quarter net sales were essentially flat, rising slightly to $734 million from $731 million in the year-ago quarter. Net sales at the flagship fell 1% to $306 million as net sales at its lower-priced Hollister brand rose 1% to $428 million, according to a company press release. Overall store comps rose 1%, compared to last year's 5%. At the flagship Abercrombie & Fitch brand, which also includes its kids banner, comps rose 1% (a...

retaildive | March 08, 2019

Abercrombie & Fitch Co. is not finished closing stores, saying this week it will shutter up to 40 this year. Last year about this time the teen apparel retailer had 60 closures planned, but CEO Fran Horowitz noted in a conference call with analysts that just 29 shuttered, reflecting a total square footage reduction of about 2%. The retailer is also opening stores and remodeling others, and Horowitz said that those efforts would deliver "85 new experiences including remodels in 2019,&quo...

fxstreet | January 16, 2020

Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...

businesswire | January 15, 2020

VTS, the commercial real estate industry’s leading leasing and asset management platform, today announced VTS Retail the industry’s only leasing platform designed specifically for the retail sector solving major issues retail landlords have in their leasing process. Unlike any existing offering for retail landlords, VTS Retail transforms the leasing process by enabling retail landlords to significantly reduce the time from prospect to tenant move-in and proactively manage shopping ce...