The closure of 12 retail locations, including 6 Urban Outfitters stores, raises concerns about the company's ability to maintain a robust retail presence and could reflect issues in certain markets.

Urban Outfitters grew to be one of the larger specialty apparel retailers in the United States on the strength of its distinctive styles. However, it has a history of inconsistent same-store sales ...

In the fiscal third quarter, the company opened 25 retail locations, which included six Urban Outfitters stores, six Anthropologie stores and 13 Free People stores (including six FP Movement stores).

which was attributed to increased sales to department stores and specialty customers. This was, however, somewhat offset by a decline in Urban Outfitters' wholesale sales. The Nuuly segment saw a ...