The ‘invincible teen consumer’ is back. Abercrombie & Fitch CEO says recovery better than expected

Hits: 19 A woman stands near an Abercrombie and Fitch store in San Francisco. Getty Images While apparel retailer Abercrombie & Fitch reported a sales decline of more than 30% during its latest quarter, hit hard by the coronavirus pandemic, its …

Nordstrom sales fall 40%, but retailer says it has ‘sufficient liquidity’ to weather pandemic

Hits: 9 Nordstrom‘s net sales fell 40% during its fiscal first quarter, the company said Thursday, but the department store chain is confident it remains in a strong financial position to work through the coronavirus pandemic, unlike some of its …