Victoria’s Secret Closing Stores! They have plans to permanently close approximately 250 stores in the U.S. and Canada in 2020. It’s parent company L Brands announced this on Wednesday.
Victoria’s Secret Closing Stores! Will you miss it? L Brands also plans to permanently close 50 Bath & Body Works stores! These are stores in the U.S. and one in Canada. This is according to information the company posted online as part of its quarterly earnings.
L Brands’ total company sales declined 37% in the quarter that ended May 2. Almost all of the company’s stores have been closed since March 17 due to the COVID-19 pandemic.