Abercrombie & Fitch Closing 180 More Stores by 2015

During the past two years, Abercrombie & Fitch has shuttered 135 underperforming U.S. stores — 68 alone in the fourth quarter of 2011 — and the closings will continue for at least three more years. The teen apparel retailer announced that it will shutter an additional 180 domestic stores by 2015.