Abercrombie & Fitch
Abercrombie & Fitch said that it will be closing 40 stores by next February. Most of the locations are in the U.S. This number is higher than the 29 store closures it had in 2018! According to Business Insider, a spokesman said that the company plans to invest in remaining locations by “delivering approximately 85 new experiences, including 40 new stores, with continued reduction in overall square footage.”
Abercrombie & Fitch
Christopher & Banks
In 2018, Christopher & Banks announced that it was going to shut down 30 to 40 stores over the course of the next 2 years. However, this does not necessarily imply that its sales are going down! You might be glad to hear that its e-commerce sales are doing well and even expected to keep climbing this year.
Christopher & Banks