Two months after Abercrombie & Fitch slapped a “for sale” sign on its tanned, muscled self, the retailer has decided not to sell itself after all. [More]
abercrombie & fitch
American Eagle May Team Up With Private Equity Firm To Buy Abercrombie & Fitch
By 5.24.17
Abercrombie & Fitch, the teen-oriented clothing store that you haven’t visited since age 17 because the music is too darn loud, let the world know that it was for sale a few weeks ago. It shouldn’t surprise anyone that a prominent private equity firm is interested, but that firm, Cerberus Capital Management, is teaming up with competitor American Eagle. [More]
Abercrombie Puts ‘For Sale’ Sign On Its Bared, Chiseled Chest
By 5.10.17
After years of struggling to bring in customers and turnaround falling sales, Abercrombie & Fitch shuttered 60 U.S. stores and laid off 150 employees at its headquarters in the first few months of 2017. Now the teen-focused retailer has reportedly put a “for sale” sign on itself. [More]
Abercrombie & Fitch Shuttering 60 U.S. Stores This Year, Probably More To Come
By 3.2.17
After closing 53 U.S. locations last year, Abercrombie & Fitch says another 60 domestic stores are heading for the garbage pile as the company continues to struggle to bring in customers. [More]
150 Employees Laid Off At Abercrombie & Fitch Headquarters
By 1.27.17
Another youth-focused retailer is showing signs of trouble, the apparent result of teens no longer shopping at malls. Abercrombie & Fitch laid off 150 employees at its New Albany, OH, headquarters this week. [More]
Abercrombie & Fitch Having A Tough Time Luring Shoppers Despite Rebranding Efforts
By 11.18.16
Abercrombie & Fitch has been trying hard to shed its former image, one strengthened by “cool” executives who didn’t want to deal with any uncool customers, but it seems those turnaround efforts aren’t proving as fruitful as the retailer would like: profits for the company tumbled in the last quarter, and sales figures are far from promising. [More]
Abercrombie & Fitch Not Focused On Sexy Abs Now, Just Wants You To Be Your “Best Self”
By 8.30.16
We’ve come a long way from the days of glistening abs stretching across every Abercrombie & Fitch billboard and shopping bag, and “cool” executives who’d rather not deal with any uncool customers: as the company continues its campaign toward wholesomeness, the new focus is on making shoppers feel good about themselves. [More]
Abercrombie & Fitch’s Hollister Poised To Profit From Bankruptcy Of Fellow Teen Retailers
By 5.31.16
While teen retailers like Aéropostale and PacSun are going down in flames, their rivals are hunched on the sidelines, waiting to pick their bankrupted bones clean. There’s still money to be made catering to teenagers, after all, and analysts say Abercrombie & Fitch could be the one making it. [More]
Abercrombie & Fitch May Be Getting Worried Now That European Tourists Aren’t Shopping As Much
By 5.23.16
Even as Abercrombie & Fitch was struggling to bring American customers back into it stores, there was always one group the retailer good count on: European tourists who flock to the stores, waiting in long lines to purchase A&F-branded clothing. Abercrombie might not be able to count on that foreign bread and butter forever, however. [More]
Abercrombie & Fitch Sales Up Slightly Even If Customers Are Dissatisfied
By 3.2.16
Apparently, it doesn’t matter how dissatisfied your customers are as long as you have the coolest clothes. While Abercrombie & Fitch may have the lowest score out of all retailers on the most recent American Customer Satisfaction Index, the chain’s same-store sales were still up slightly over the same period last quarter. Maybe it pays to have your models put their clothes back on. [More]
Only One Retailer Comes Out Smelling Worse Than Walmart In Latest Customer Satisfaction Surveys
By 2.23.16
The American Customer Satisfaction Index has released its annual look at the retail industry, and once again Walmart scored the lowest among department stores, supermarkets, and personal care retailers. But one specialty retailer did manage to eke out an even lower score than Walmart. [More]
24 Stories We Covered In 2015 That We Never Saw Coming
By 12.31.15
The following is a true story: One day, two Consumerist staffers were chatting about the work day. One said, “I can’t believe I’m writing about the legal ramifications of butt-dialing.” The other replied, “We should probably remember this conversation for a year-end story about things we didn’t expect to ever write in 2015.” A calendar alert was made, and our future selves were duly reminded. [More]
Urban Outfitters Will End On-Call Scheduling In New York
By 10.7.15
Following in the footsteps of retailers like Victoria’s Secret, Bath & Body Works, Abercrombie & Fitch and Gap, Urban Outfitters says it will stop using on-call scheduling — but only in New York. This change comes after pressure from New York Attorney General Eric Schneiderman’s office, which has been probing various companies’ use of the system. [More]
Abercrombie & Fitch Agrees To End On-Call Scheduling
By 8.7.15
Following in the footsteps of fellow retailer Victoria’s Secret, Abercrombie & Fitch announced that it will no longer use the on-call method of scheduling, which required workers to be available for a shift at a moment’s notice. Or, on the other hand, find out they’d be staying home for an upcoming shift, not getting paid. [More]
Supreme Court: Job Applicants Don’t Have To Explain That Their Garb Is Religious
By 6.1.15
Back in February, the Supreme Court heard arguments in the case of a 17-year-old who applied to work for the children’s clothing store under the Abercrombie & Fitch brand. She was apparently beautiful enough to work there, but always wore a black scarf on her head. Did she wear it for religious reasons, which would mean that it couldn’t be a factor in hiring decisions? She didn’t say, so Abercrombie didn’t hire her. That case eventually reached the U.S. Supreme Court, which issued an opinion today. [More]
Failure To Be Undeniably Hot No Longer An Impediment To Getting A Job At Abercrombie & Fitch
By 4.24.15
In a further attempt to shed its image as a place where rippling six-packs and bronzed bodies go to commune with the hot powers that be, Abercrombie & Fitch is doing away with its policy on having only super hot sales associates in its stores, opening up its doors to anyone with a dream of selling khaki cargo shorts and pre-ripped jeans. [More]
NY AG Probing Gap, Target & 11 Other Retailers For Possibly Illegal On-Call Scheduling Practices
By 4.13.15
Over the past several years, companies that employ hourly workers in New York have come under scrutiny for a variety of practices, including not providing reimbursement for uniforms to requiring some work be performed off the clock. Today, the state attorney general’s office began scrutinizing another practice by major retailers: the use of on-call scheduling. [More]
