Abercrombie & Fitch Posts Profit, Will Close 110 Stores

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Even though Abercrombie & Fitch Co. swung to a second-quarter profit, the teen retailer’s shares descended 6.9 percent to close at $35.05 in trading Tuesday as worries over softening margins,...

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Abercrombie & Fitch Posts Profit, Will Close 110 Stores

The teen retailer plans to close 60 stores this year.

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