TrafficCourt

American Eagle's New Concept

RSS
Pittsburgh-based American Eagle Outfitters Inc. plans to debut a fourth store concept early next year, according to the Pittsburgh Tribune-Review. Jim O'Donnell, CEO of the company, said that while the new concept will be unique, it will also be "designed to leverage to the max against the AE brand." O'Donnell did not provide additional details about the new stores, which he referred to as "concept four." However, he did say they "will not be some version" of American Eagle, and added that the company plans to further expand internationally. American Eagle currently has 75 stores in Canada, operates 855 stores in the United States and Puerto Rico, and currently has three formats--American Eagle, aerie and Martin + Osa. The retailer will spend $250 million to $275 million next year to open 135 new and 50 remodeled stores, primarily American Eagle and aerie locations.

From DDI.

Full story.

Please or Register to post comments.

What's TrafficCourt?

Industry news, views and occasional strange stuff.

Contributors

Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
Blog Archive
National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×