Most of the store closures are expected to happen in the second half of the year, company officials said.
WASHINGTON — Plus-sized clothing retailer Torrid plans to shutter nearly 30% of its physical locations, just under 200 brick and mortar stores, as the company seeks to downsize amid fewer physical sales and higher risks from tariffs.
The plan to close down 180 physical stores was disclosed last week in its earnings report.
“We’re accelerating our transformation to a more digitally-led business, which includes optimizing our retail footprint,” Torrid CEO Lisa Harper said on the call with investors. “We now plan to close up to
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