Business

Abercrombie name to shrink from clothing

By Anne D'innocenzio

Published August 28, 2014 10:34pm ET

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Abercrombie name to shrink from clothing — FILE - In this Nov. 14, 2011, file photo, a shopper carries her Abercrombie & Fitch purchase, in Phoenix. Shares of Abercrombie & Fitch tumbled Thursday, Aug. 28, 2014, after reporting weak sales as more teens shop elsewhere. (AP Photo/Ross D. Franklin, File) | Ross D. Franklin

NEW YORK (AP) — The Abercrombie & Fitch logo has lost the power it once wielded.

Shares of Abercrombie & Fitch Co. fell Thursday after the retailer reported weak sales as more teens shop elsewhere.

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Retail