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Abercrombie & Fitch

Retailers Set Higher Bars for Free Shipping as Delivery Costs Surge

Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

California Long Ruled U.S. Shipping. Importers Are Drifting East.

Sharpie maker Newell Brands Inc. is opening distribution centers in Pennsylvania and North Carolina to lessen dependence on seaports in California. Abercrombie & Fitch Co. is moving more merchandise through New York and New Jersey to avoid West Coast bottlenecks. Air-conditioning manufacturer Trane Technologies PLC is sending most of its cargo this year through ports in the South, instead of the Los Angeles area.…

Best Buy, Dick’s Ease Fears About Holiday Spending

Best Buy Co. and Dick’s Sporting Goods Inc. reported mixed quarterly results but said sales wouldn’t fall as much as previously expected, signs that consumers are feeling the pinch of high inflation but still buying some electronics and sporting goods. Best Buy said profits fell and comparable sales dropped 10.4% in its third quarter, but the results weren’t as bad as investors had feared. The company slightly raised its sales target for the fiscal year…

Hollister Lets Teens Send Their Online Carts to Parents for Checkout

Hollister Co., the Abercrombie & Fitch Co. retailer popular among teens, is rolling out a new system that lets shoppers pass their carts to someone else for payment. The system, called Share2Pay, aims to smooth over a common point of friction for online Hollister shoppers, the majority of whom are still in high school, according to the company. Teenage customers without access to online payments or credit cards of their own often load their carts with products but give up trying to buy…

Victoria’s Secret, Abercrombie Suffer as Shoppers Shift From Apparel

Apparel chains Victoria’s Secret VSCO -0.34% & Co. and Abercrombie & Fitch Co. ANF -6.49% reported declining quarterly sales and lowered their sales targets for the year as consumers shift their spending away from clothing and other discretionary items. The results, following lackluster earnings reports from many department stores and big-box chains, were weaker than investors…