Abercrombie Closing A Ton of Stores

posted by Terry O'Donnell -

Abercrombie

Abercrombie and Fitch said they'll be closing as many as 60 stores this year. In 2017 revealed a new store layout that was smaller and more open. The company did report positive sales growth in the fourth quarter fueled by Hollister, but they said more and more people are buying online. 

No word on which locations will close it's doors, but the company says it's waiting until the leases are up at their mall locations. Currently Abercrombie & Fitch and Hollister have stores in Crossgates. 

[Times Union] [CNBC]

photo: Thiemo Gillissen, Flickr Creative Commons

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