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Teen apparel retailer Abercrombie & Fitch Co posted its 14th straight quarter of declining sales and said it no longer expects comparable sales to improve this year, highlighting its struggles to win back shoppers. Abercrombie and other retailers have struggled to compete with the trendier and often cheaper products at fast-fashion retailers such as H&M and Inditex's Zara as well as with online and off-price retailers. To win back shoppers, Abercrombie is investing heavily in its online business and on remodeling stores, and closing underperforming stores.
AUGUSTA, Maine (AP) — Republican Gov. Paul LePage said Tuesday that he plans to meet with a Democratic lawmaker to try to make amends for leaving an obscene voicemail message and that he isn't ruling out resigning.