Abercrombie & Fitch focuses store growth on new formats

Abercrombie & Fitch‘s focus on opening new stores in 2022 led the company to post better-than-expected third-quarter results and increase its full-year outlook. Focusing on smaller formats has driven a 60% increase in sales per square foot at its newest namesake stores, while an omnichannel focused concept at new Hollister stores is designed to be adaptable and allow for merchandising flexibility. Yahoo News