From rags to riches: American Eagle Outfitters (AEO -1.5%) future plans include a less...

|About: American Eagle Outfitters... (AEO)|By:, SA News Editor

From rags to riches: American Eagle Outfitters (AEO -1.5%) future plans include a less promotional environment and global growth, according to CEO Robert Hanson. The retailer will all also actively shift its store mix by closing under-performing stores to open new ones in wealthier urban areas.