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...
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