Abercrombie & Fitch eliminates 150 positions

Credit: DaytonDailyNews

Abercrombie & Fitch Co. has eliminated 150 positions at the corporate level, a spokeswoman confirmed with this news organization today.

The clothing retail chain is headquartered in New Albany, just outside of Columbus.

“As part of our ongoing cost reduction initiatives and after careful consideration, the company has eliminated approximately 150 positions at the corporate levels to ensure we are structured appropriately for the current retail environment,” a spokeswoman wrote to this news organization. “We appreciate the contributions these associates have made while with Abercrombie & Fitch and we will make certain that they are treated fairly and with respect through this process.”

» SOCIAL MEDIA: Follow reporter Kara Driscoll on Twitter

In August, Abercrombie & Fitch Co. announced 60 stores in the U.S. would shut down. There is one store location at the Mall at Fairfield Commons in Beavercreek, and another location at Kenwood Towne Center in Cincinnati. A location at the Dayton Mall also closed several years ago.

Abercrombie also owns the Hollister brand, another teen clothing retailer, which has locations at the Dayton Mall, Mall at Fairfield Commons, Liberty Center, Tri-County Mall and Kenwood Towne Center.

The layoffs come after several retailers have closed locations across the country. Earlier this month, The Limited shut down all brick-and-mortar locations and filed for bankruptcy.

Abercrombie & Fitch looks to rebound after sales of kids clothes declined through much of the economic downturn. (George Skene/Orlando Sentinel/MCT)

icon to expand image

FIVE QUICK BUSINESS READS:

» Liquidation discount store expands at new location

» Billion dollar Dayton supply company names new CEO

» Graeter's teams up with brewery to make ice cream beer

» The Limited parent company files for bankruptcy

» Kroger looks to hire 10K permanent positions

About the Author