American Eagle Closing Up to 225 Stores

American Eagle Outfitters Inc. plans to close between 200 to 225 stores at its core brand, while it hatches a plan to get Aerie to $2 billion in revenues by 2023. The core American Eagle brand operates about 880 stores, about 95 percent of which are four-wall positive, according to chief operating officer Michael Rempell. After the closures, the brand will have between 600 to 700 locations across the U.S. Continue Reading