And Teens Everywhere Cried: American Eagle Outfitters Set To Close 150 Stores

If AE closes stores, where will teens get their awesome colored hoodies?   (Scott Lynch)

If AE closes stores, where will teens get their awesome colored hoodies? (Scott Lynch)


Soon a graphic T-shirt-sized hole will appear in the hearts of teenagers across America. That’s because American Eagle Outfitters is gearing up to shut down more than 100 stores.

Citing weak sales and increased markdowns, the teen retailer announced Wednesday that it plans to shutter 150 stores over the next three years, Bloomberg Businessweek reports.

The retailer currently operates more than 1,000 American Eagle Outfitters and aerie stores in the United States. Of the 150 stores set to close, the company plans to close about 50 AE stores and 20 aerie stores by the end of 2014.

Officials with the company expect the closings to generate an approximate annual savings of $10 to $15 million.

American Eagle to close stores after weak 1Q [Bloomberg Businessweek]

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  1. Lenne says:

    Man that stinks, because I actually like the American Eagle brand. The clothing is quite durable and long lasting and not as expensive as other name brand items. I can only imagine that they are closing some stores in malls, as the malls themselves are going out of style. Well. I hope that they won’t be closing any that are close to me.

    • MathManv2point0 says:

      I try to avoid name-brands in general due to the fact I would become a walking billboard for the company.