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These Stores Could Be Closing in Idaho in 2021 Just in Boise Town Square Mall alone, Christopher and Banks and Abercrombie & Fitch closed it s doors for good just a few weeks ago while stores such as Sketchers, Bare Minerals, and Justice all suffered the same fate earlier in 2020. National relators across the board are being forced to close hundreds of their stores permanently. The shopping landscape is changing. While some companies were already struggling to stay a float before the pandemic, others have suffered losses too greatly because of it with consumers choosing to shop online. Looking ahead, several major realtors have announced a number of stores they expect to close across the nation in 2021. While we don t know if and which Idaho locations will be affected, keep these stores on your radar. This could be the last year to visit some of these stores locally. ....
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kokkai/iStock By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) Victoria’s Secret is planning to close up to 50 stores in the U.S. and Canada this year. The news comes as the lingerie giant saw a continuing plummet in sales during the coronavirus pandemic and closed over 200 of its stores in 2020. On a call with analysts last year, Victoria’s Secret CEO Stuart Burgdoerfer said, “What we see is a somewhat smaller but substantially more profitable business with a much better foundation, and then obviously a return to growth which is what all of us are looking for.” With the closures, the brand’s parent company, L Brands, will eliminate 22% of the company’s 1,091 stores in addition to 1.26 million square feet of real estate. ....
Operator Good morning. My name is Catherine, and I will be your conference operator today. At this time, I would like to welcome you to the L Brands Fourth Quarter 2020 Earnings Conference Call. Please be advised that today s conference is being recorded. If you have any objections, you may disconnect at this time. I will now turn the call over to Ms. Amie Preston, Senior Vice President, Investor Relations and company affairs for L Brands. You may begin. Amie Preston Chief InvestorRelations Officer Thanks. Good morning, everyone, and welcome to L Brands fourth quarter earnings conference call for the period ending January 30, 2021. As a matter of formality, I need to remind you that any forward-looking statements we may make on our call today are subject to our safe harbor statement found in our SEC filings and in our press releases. Joining me on the call today are Andrew Meslow, CEO of L Brands and Bath & Body Works; Martin Waters, CEO of Victoria s Secret; ....
Victoria s Secret Docuseries Lands at Hulu Axelle/Bauer-Griffin/FilmMagic The Reagans director Matt Tyrnauer will delve into the ups and downs of the fashion brand. Hulu will dig into the history of one of the best-known fashion brands of the past 40 years with a documentary series about Victoria s Secret. The three-part series, The Rise and Fall of Victoria s Secret, comes from director and former Vanity Fair writer Matt Tyrnauer and Peter Berg s Film 45. Production is underway for a planned debut in early 2022. The Rise and Fall of Victoria s Secret will go behind the scenes of the lingerie brand, using first-hand accounts and deep investigative research to reveal the inner workings of Victoria s Secret the brand and the cultural institution. ....