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Connor Cruise & Shay Mitchell Rock Da House!!

Shay Mitchell is a model, but that doesn't mean she's above learning new things.

Which is EXACTLY what happened during the American Eagle “Live Your Life” Fall 2012 campaign which Mitchell was hosting.

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Buyout Looming For American Eagle

Filed under: Business Blitz

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American Eagle has private investors salivating at the mouth after share prices have dropped over the past year.

Now analysts are saying a buyout could be in their future, which isn't necessarily a bad thing.

Brian Sozzi of Wall Street Strategies Inc. explains:

"Now would be the time to strike on this…With some fresh eyes in there, I think it would make sense…They continue to be viewed as the laggard in the industry. You can’t drive consistent sales and earnings by just selling pairs of denim."

After closing 50-100 stores, we believe it!

American Eagle wouldn't comment on the rumor, so until then all we can do is speculate.

[Image via AP Images.]

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American Eagle To Close Some Stores

Filed under: Business Blitz

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Bad news for American Eagle.

The company is set to close 50 to 100 stores over the new few years.

Currently they have 934 stores open. And that’s after closing 20 of their stores already over the past year.

Turns out their latest earnings report show a loss of 66%.

Ouch!

And to cut loses, they’re also planning on closing its Martin + Osa division.

While American Eagle is hoping that closing those stores will increase their profits, many will soon be out of their jobs.

Are U an American Eagle shopper? Let's hope they don't close a store near U.

[Image via AP Images.]

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Try On Pants, Get A New Phone

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American Eagle has a new promo that is sure to get more bodies into their stores.

Simply try on a pair of jeans between July 21st to August 3rd, and you'll get a free phone.

Sound too good to be true? You're right!

The free phone deal is only good on a new 2 year service agreement, which American Eagle isn't paying for, but they will give you a $25 gift card.

Wonder if they'll actually sell any jeans???

[Image via AP Images.]

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Attorney General Forces AE To Change Their Transgender Policies!

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After receiving complaints from the transgender community, Attorney General Andrew Cuomo is forcing American Eagle to ditch their rule about their employees personal appearance that banned men wearing women's clothing and vice versa.

A member of Make the Road New York, the same group that accused J. Crew of discriminating against transgenders, said "This shows me that there's faith and hope. There might be a domino effect, that's what I'm hoping for."

The settlement signed by American Eagle said they will change their policies as well as their employee handbooks. They will also be training their staff on transgender issues.

A rep from the retailer said in a statement:

"To avoid further expense and the distraction of a prolonged argument, [we have] agreed to a compromise settlement in this case, with the understanding that AEO is not admitting to the findings. We wholeheartedly believe that transgender individuals should be treated equally."

Actions speak louder than words, sister!

[Image via AP Images.]

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