The news of these closures comes after L Brands shares plummeted nearly 15 percent in January. L Brands CEO Leslie Wexner told the Wall Street Journal in February that despite decreasing store sales, Victoria’s Secret was going to remain largely brick-and-mortar (and the brand is trying to bring people into those stores).
“I’m convinced people want to go to the store. I don’t think this is the new norm,” he told Forbes when asked about people shopping online instead of in stores. “People want to be with people.”
Other Recent Store Closings
“We continue to evaluate our network of stores, which is a critical component to our integrated retail transformation, and will make further adjustments as needed,” the company said in a statement.
Here are the Sears and Kmart stores that are going to close:
Kmart:
- Spring Valley, California,
- Clovis, California,
- Antioch, California
- Los Angeles, California (at 6310 W. 3rd Street)
- Milford, Connecticut
- Newark, Delaware
- Steger, Illinois
- Cape Girardeau, Missouri
- Columbus, Mississippi
- Riverhead, New York
- Gresham, Oregon
- Scott Depot, West Virginia
- Gillette, Wyoming
Sears:
- Flagstaff, Arizona
- Santa Cruz, California
- Grand Junction, Colorado
- Tampa, Florida (at University Square Mall)
- Doral, Florida
- Naples, Florida
- Savannah, Georgia
- Atlanta, Georgia
- Brunswick, Georgia
- Bloomington, Illinois
- Fort Wayne, Indiana
- Florence, Kentucky
- Hammond, Louisiana
- Holyoke, Massachusetts
- Taunton, Massachusetts
- Jackson, Michigan
- Crabtree, North Carolina
- Salem, New Hampshire
- Manchester, New Hampshire
- Mays Landing, New Jersey
- Victor, New York
- Glen Falls, New York
- New Hyde Park, New York
- Dayton, Ohio
- Cincinnati, Ohio (at Northgate Mall)
- Happy Valley, Oregon
- Houston, Texas (at Memorial City Mall)
- Bryan, Texas
- West Jordan, Utah
- Fairfax, Virginia
- Vancouver, Washington
- Eau Claire, Wisconsin
- La Crosse, Wisconsin