Retail stocks plunge as Abercrombie deal scrapped, renewing fears about apparel
No deal, no surprise. That's what Jefferies analyst Randal Konik wrote in a note to clients after hearing that Abercrombie & Fitch has at last ended talks over a potential sale. The retailer said in May that it was holding conversations with several bidders — which were rumored to include American Eagle and Express — regarding a potential sale. But...