Nothing Seems To Be Working For Abercrombie & Fitch

Abercrombie & Fitch is trying everything to get teens and college kids to come back to its stores. It's eliminating clothes with logos, rolling out new store designs and culling underperforming locations while attempting to cut $200 million in costs. Yet it seems that nothing's working. The teen apparel retailer reported dismal results on Wednesday, with sales falling 12 percent for the quarter from a year ago, despite the multitude of changes meant to spur a turnaround. Chief executive Mike Jef...