December 21, 2014

Elyria
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American Eagle store at Midway Mall closed

ELYRIA – The American Eagle Outfitters store at Midway Mall has closed.

Mall officials confirmed the store located near Victoria’s Secret closed its doors Sunday, Jan. 26.

Mall Manager Mark Bressler could provide no other details and referred all other questions to the store’s corporate office. A phone call and email to company’s communications office has not been returned.

Two weeks before the closure, Forbes Magazine analyzed the financial outlook of the company. While it stood behind the apparel retailer as being able to stay competitive despite a rocky 2013, the magazine said the store has had less than stellar results compared to similar stores like Gap and Forever 21.

American Eagle’s stock has fallen by almost 30 percent since March 2013, said the article dated Jan. 10.

More recently, the company has fired its CEO Robert Hanson.

The store’s name has been removed from the Midway Mall directory and a sign posted on the glass door encourages shoppers to go online to AE.com to find other locations.