The news comes less than a week after Engaged Capital sent a letter to Abercrombie's board in an attempt to deliver what it says is a much-needed shake up of the company's top management.
McDonald's global same store sales inched 0.5% higher last month, however its U.S. business saw sales decline, despite its focus on breakfast, chicken menu items and expanded value offerings.
Haven't had enough shopping yet? Green Monday is Monday, Dec. 9.
American Eagle shares are plunging more than 9% after the teen retailer reported a tough third-quarter leading to a more cautious outlook for the rest of the year.
November same-store sales missed the mark as consumers remained picky on where they shopped and what they shopped for, namely things other than apparel and accessories.
Ulta Beauty plunged more than 16% in after-hours trading as the cosmetics and beauty supply chain sharply tempered fourth-quarter expectations due to softer-than-expected sales.
Dollar General posts better-than-expected quarterly earnings sending its shares higher; Kroger's third-quarter earnings meet expectations, but revenue misses.
Guess? shares meandered lower in post-markets trading after the specialty retailer posted lower top and bottom line third-quarter numbers.
J.C. Penney shares remained in the red on Wednesday, despite posting double-digit gains in comparable sales last month.
Express shares plummet Wednesday after the primarily mall-based specialty apparel chain sharply tempered earnings guidance based on a weak holiday outlook.