Victoria’s Secret store closings: Retailer to close up to 50 stores while Bath & Body Works opens new locations – USA TODAY

Written by Kelly Tyko

After closing nearly 250 stores in 2020, Victoria’s Secret plans to permanently close between 30 to 50 more U.S. locations this year, its parent company L Brands announced Wednesday.

L Brands also plans to open 49 new Bath & Body Works stores in the U.S. and one in Canada, according to information the company posted online as part of its quarterly earnings. The new stores are “almost entirely off-mall” locations, the company said, adding it plans to close up to 40 stores that are in malls.

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By Valerie Lam
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