Torrid has more to prove as Q4 sales tumble 14%
As part of its turnaround the women’s plus retailer closed more than 150 stores and brought lower price points to nearly a third of its assortment.
Related Articles
The Weekly Closeout: New Balance hits record sales in 2025, Chinese Laundry acquired
The sportswear brand brought in $9.2 billion in annual sales, while the apparel company and its sibling brands were added to Gordon Brothers’ portfolio.
Aerosoles owner agrees to buy Allbirds for $39M
Sales plummeted last year and the direct-to-consumer footwear brand, which has never turned a profit, closed all full-price U.S. stores in Q1.
GameStop closed over 700 stores last year
That amounts to more than 1,300 over the past two fiscal years, though the gaming retailer said it doesn’t expect any major footprint reductions in…
Macy’s targets another 14 stores for closure
The department store’s downsizing plan is key to its turnaround and will ultimately entail shuttering about 150 locations.
Walmart to modernize Great Value private label design
The consumer product assortment was launched 30-plus years ago, and its packaging has been the same for a decade.