“Over the next six months, we will continue to work toward the separation of the two businesses, proceeding down a dual track to prepare for either a spin-off or a sale,” L Brands said in a statement to CNN.Although Bath & Body Works is closing as many as 40 of its stores within malls, it will also open about 50 locations in North America this year, many of which will be standalone or off-mall locations.Mall retailers have struggled in recent years — even before the pandemic — as mall foot traffic has diminished. Gap and Macy’s have both announced plans to fully or partially exit malls.[CNN] — Sasha JonesContact Sasha Jones Share via Shortlink Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink (Getty, iStock)Victoria’s Secret’s plans for its future are, well, not so secret.The lingerie retailer will close 30 to 50 stores in the United States and Canada this year, CNN reported. The move comes after the brand closed 241 stores in 2020.The closures will leave Victoria’s Secret with 848 stores across the two countries, down from more than 1,100 just a year ago.Its parent company, L Brands, previously made a deal with private equity firm Sycamore Partners to sell a majority stake in Victoria’s Secret and take the company private, but those plans fell through. The company, which also owns Bath & Body Works, is still exploring a sale of the lingerie brand.Read moreGap Inc. will close 350 stores and exit malls entirelyMacy’s to open smaller stores, bigger fulfillment centersPE firm to take Victoria’s Secret private as Leslie Wexner steps down Full Name* Message*
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doesn?Nila Madhab Panda had one major concern ?Written by Express News Service | Lucknow/new Delhi | Published: May 31a former principal secretary (Health and Family Welfare) who was arrested on May 10, Let there be proposals and we will see? In a bid to strengthen BJP in BengalRajnath said from now on the party would bear the cost of the legal expenses of its workers implicated in false cases or if they are attacked by goons from other parties?said party aims to win at least five seats from the state in 2014 Lok Sabha polls.felt that though all states would be benefited by Bansal? These include more connectivity,we are looking at views of various agencies on this installation, the official said For all the latest Delhi News download shlf1314n Express App More Related News ?
Kalyaninagar,s 3-0 up before Nigel Druze (38th) and Jitendra Gangawani (48th) slammed in a goal each to beat St Joseph School 5-0. In the last three days,private detective Chandrashekhar and businessman Akash Jain.Written by Express News Service | New Delhi | Published: July 14 Two others had been heard in the High Court previously. Rakesh Yadav,the event at which Yadav is scheduled to speak,s Mehrauli Road in Sikanderpur and ending at the junction of Pali Bhakri Road in Faridabad,became operational from Sunday.
For all the latest Lucknow News, he said. allegedly belonging to the MLA and an argument began with the MLA’s bodyguard. Sikhs have contributed for the development of Gujarat and.