Abercrombie Will Keep Fifth Avenue Flagship Open One More Year

Abercrombie & Fitch will stay at its flagship store on Fifth Avenue at least a year later than planned, according to its chief executive officer.

The preppy teen retailer, which saw a sales boost in its most recent quarter, had previously planned to shutter the store around the middle of this year and move its operations a few blocks south on Fifth Avenue to its Hollister location.