Abercrombie & Fitch has had strong financial results since mid-2010, but it was one of the slowest major retailers to respond to the new reality of the recession, and as a result its recovery lagged far behind most of its competitors.
More Suggested Content:
American Eagle Shares Surge as Speculation Mounts Over Retail Takeover
February 11, 2011
American Eagle Outfitters surged the most in almost two years in New York trading on speculation the teen clothing retailer may be a takeover target. The shares rose $1.34, or 9.1 percent, to $16.03 in New York Stock Exchange composite trading for the largest gain since April 2009.
Retailers to report chilly end to holiday season
February 1, 2011
From Retail Digital
Retailers are poised to show only a modest rise in January sales a snow in many parts of the United States kept shoppers away from malls TAGS: Abercrombie & Fitch and Aeropostale Inc, American Eagle, BJ's Wholesale Club Inc, Gap, J Crew Group Inc, Outfitters Inc, TJX Companies Inc and Ann Taylor Stores Corp. Shoppers struggle with snow fall January numbers will also reflect a pullback in spending by shoppers, after they opened their wallets during November and December, helping U.S. retailers post their best holiday sales in six years. Retail chains ranging from Target Corp to J.C. Penney