Abercrombie & Fitch
Abercrombie Fitch
Abercrombie & Fitch plans on shutting down 40 stores next February – most of which are in the U.S. This is a slight increase from the number of stores it closed in 2018. However, there is still some good news. According to Business Insider, a company spokesman announced that the company will keep investing in the stores by “delivering approximately 85 new experiences, including 40 new stores, with continued reduction in overall square footage.”
Christopher & Banks
Christopher & Banks
At the end of 2018, Christopher & Banks announced its plans to shut down 30-40 locations in the following two years. Keep in mind that this doesn’t necessarily mean that sales are down for the women’s retailer. In fact, the company has said that it saw a rise in e-commerce and expects an increase in its sales this year.