Two National Retail Chains with Long-Time Locations at Meadowbrook Mall to Close Hundreds of Stores
By Connect-Bridgeport Staff on May 27, 2020 via Connect-Bridgeport.com
According to USA Today, Victoria’s Secret plans to permanently close approximately 250 stores in the U.S. and Canada in 2020, its parent company L Brands announced last week.
L Brands also plans to permanently close 50 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.
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.
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Meadowbook Mall is home to both businesses. There is no word on what locations will be closing.