Victoria's Secret closing 53 stores following decrease in 2018 sales

Friday, March 1, 2019
Victoria's Secret has announced it will be closing more than a dozen stores in 2019.

A representative with L Brands, the parent company of the popular lingerie, confirmed they will be closing 53 stores in the U.S.
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According to CNN, the closure of the stores comes after 2018 sales fell by 7 percent.

On Wednesday, L Brands also released a report of their fourth-quarter and full year earnings showing the decrease.
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The question now is, what locations will be impacted?

When ABC13 Eyewitness News reached out to L Brands, a representative stated they will "not be releasing a list of the 53 stores closing, which will occur over the next year."
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