High-End Stores That Will Shutdown All Of Their Branches This Year

Victoria’s Secret

Following the closure of 250 stores in the United States and Canada last year, Victoria’s Secret plans to liquidate more outlets in the next two years. Victoria’s Secret CEO Stuart Burgdoerfer confirmed the projected closures during a May 2020 earnings call with investors. “We would expect a large number of slow store closures outside of the 250 we’re aiming for this year,” he said, “suggesting that there would be more in 2021 and probably a little more in 2022.”

Victoria’s Secret