Abercrombie & Fitch has inventory levels of $385,857 thousand and $310,645 thousand at the end of fiscal-year ending 2011 and 2010 respectively. Cost of goods sold for 2011 is $1,256,596 thousand.

Calculate the inventory turnover ratio and the average inventory days outstanding for 2011.

Suggest two ways that Abercrombie & Fitch might improve inventory turnover.