Abercrombie & Fitch
Abercrombie & Fitch announced that it is closing 40 of its stores by next February, most of which are in the United States. That number is slightly more than the 29 stores that it already closed in 2018. However, it’s all bad. Business Insider reports that the company spokesperson said that Abercrombie & Fitch will still continue investing in its remaining stores by “delivering approximately 85 new experiences, including 40 new stores, with continued reduction in overall square footage.”
Abercrombie & Fitch
Christopher & Banks
In late 2018, the womenswear retailer Christopher & Banks revealed its plans to shut down around 30 to 40 of its stores in the next two years. However, this does not imply that the sales across the board are on a decline. The company’s e-commerce business has seen an increase and is expected to continue rising this year.
Christopher & Banks
