Abercrombie & Fitch
Abercrombie & Fitch has plans to shutter 40 stores next February, most of which are in the United States. This is a slight increase from the stores it closed down in 2018, which totaled 29. However, there is some good news. Business Insider reported that a company spokesperson 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
In late 2018, Christopher & Banks revealed its plans to shutter 30 to 40 locations in the following two years. Keep in mind that this does not necessarily mean sales are down for the women’s retailer. As a matter of fact, the company claimed it saw a rise in e-commerce and expects an increase in net sales this year.