Abercrombie stock tanks as company seeks growth with less real estate
May 29, 2019 at 14:34 PM EDT
Abercrombie will close flagships in New York's SoHo neighborhood; Fukuoka, Japan; and Milan, Italy, wiping 140,000 square feet of space off its balance sheet as many of its other smaller stores – including its Easton Town Center location – get a cut in size.