For the second time in as many days, one of the trendy stalwarts of online and mall-based retailing has jumped the gun on Q4 earnings season with a weaker than expected preliminary sales report. The unplanned update from Abercrombie — coming three full weeks ahead of...
Retailers kept up the trend of shuttering stores last week, with Dollar Tree, Abercrombie & Fitch and Amazon making announcements on that front. Dollar Tree announced it is closing 390 Family Dollar Stores, while Abercrombie is gearing up to shutter up to 40. Meanwhile, Amazon...
The A&F Co. has announced it is closing up to 40 stores by next February. According to CNBC, most of the stores closing are located in the United States. Over the last eight years, the retailer has shuttered about 475 stores, and has also reduced...
Abercrombie & Fitch is adding Venmo to its app, and the Hollister app, in an effort to bring a payment option geared towards millennials to its platform. The apps are important to the retailer’s resurgence — they’re the digital channels seeing the most growth for...
July 25, 2023
U.K. retail sales rose 0.7% in June, building on the modest 0.1% rise in May. But in the U.S., there is concern about tepid consumer spending that could result in an accumulation of inventory on merchants’ shelves. Read also: UK Retail Sales Rise 0.7% Amid Good Weather and Sales Retailers are exploring strategies to stimulate consumer […]
March 11, 2019
Retailers kept up the trend of shuttering stores last week, with Dollar Tree, Abercrombie & Fitch and Amazon making announcements on that front. Dollar Tree announced it is closing 390 Family Dollar Stores, while Abercrombie is gearing up to shutter up to 40. Meanwhile, Amazon said it will close all of its pop-up stores in […]
March 07, 2019
The A&F Co. has announced it is closing up to 40 stores by next February. According to CNBC, most of the stores closing are located in the United States. Over...
August 08, 2018
Abercrombie & Fitch is adding Venmo to its app, and the Hollister app, in an effort to bring a payment option geared towards millennials to its platform. The apps are...
March 08, 2018
With many of its leases up for renewal, Abercrombie & Fitch announced Wednesday (Mar. 7) that it plans to shutter another 60 stores by the end of 2018. The retailer...
