Victoria’s Secret
In 2018, the undergarments and womenswear retailer shut down 30 stores, and more are expected this year. Prior this year, L Brand, its parent organization, made the declaration that they will shade another 53 Victoria’s Secret stores. The terminations make up 4 percent of their 1,143 stores everywhere throughout the world.
Henri Bendel
The entirety of the two dozen Henri Bendel stores across the nation shut down in mid-2019. L Brands, its parent organization, made the declaration that Bendel’s site and stores, including the Fifth Avenue store in New York, would shut down the previous fall. The organization concluded it is ideal for putting its consideration on brands with better potential, for example, Bath and Body Works and Victoria’s Secret.