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AC Moore considering potential sale
Berlin, N.J. -- A.C. Moore Arts & Crafts said Tuesday it is considering a potential sale of the company.
The arts-and-crafts retailer revealed that its board is looking at strategic options to boost shareholder value, which may also include corporate financing or raising capital. It said there has been third-party "expressions of interest," but that it won't discuss any developments unless its board approves a specific transaction.
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Fire damages Abercrombie & Fitch’s New York flagship
New York City -- Abercrombie & Fitch’s flagship store on Fifth Avenue in New York City will be temporarily closed after a two-alarm fire last night damaged the building.
More than 25 units and 125 firefighters responded to the blaze, which began about 11 p.m. local time last night.