New Albany Newswire
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The Limited has closed all stores in the country as it struggles with accumulating debt and falling sales, the Wall Street Journal reported. The company made the announcement of the closures Saturday but said the demise of the retailer's physical presence "isn't goodbye." Comment?
Abercrombie & Fitch said a key sales measure fell for the third straight quarter, after an effort to turn around the once-popular teen clothing brand failed to bring shoppers back to its stores. The company also said its profit plummeted 81 percent in the most recent quarter, and its shares fell 12 percent before the stock market opened Friday. Comment?
In this Friday, Sept. 9, 2016 photo provided by Megan Leigh Barnard, Ohio State University law professor, civil rights advocate and writer Michelle Alexander poses for a photograph in her home office in New Albany, Ohio. Comment?
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