{"id":9210,"date":"2021-02-27T11:39:14","date_gmt":"2021-02-27T04:39:14","guid":{"rendered":"https:\/\/illume-emag.com\/?p=9210"},"modified":"2021-02-27T11:39:14","modified_gmt":"2021-02-27T04:39:14","slug":"victorias-secret-closing-50-stores-year","status":"publish","type":"post","link":"https:\/\/lavyon.com\/en\/victorias-secret-closing-50-stores-year\/","title":{"rendered":"Victoria&#8217;s Secret is closing up to 50 more stores this year"},"content":{"rendered":"<p>Victoria&#8217;s Secret is closing more stores.<\/p>\n<p>Its parent company, L Brands, announced it plans to close up to 50 locations this year in the U.S. and Canada.<\/p>\n<p>That&#8217;s not nearly as severe as the 241 stores the lingerie retailer closed in 2020, CNN reported.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9211\" src=\"http:\/\/lavyon.com\/wp-content\/uploads\/2021\/02\/06884872-369d-42ec-bd81-ec9b6161f3f7-NYUTI-P-112820-Black_Friday-9.jpg\" alt=\"Victoria&#039;s Secret is closing up to 50 more stores this year\" width=\"3200\" height=\"1801\" title=\"\"><\/p>\n<p style=\"text-align: justify;\">The move comes after L Brands&#8217; plan to spin off Victoria&#8217;s Secret fell through.<\/p>\n<p style=\"text-align: justify;\">The company still plans to offload the retailer in a matter of months.<\/p>\n<p style=\"text-align: justify;\">\nIt&#8217;s investing instead in the company&#8217;s stronger brand &#8212; Bath &amp; Body Works &#8212; which will see about 50 new stores open.<\/p>\n<p>That will only net the retailer a few new stores, as it plans to close up to 40 locations in malls.<\/p>\n<p>The new stores are almost entirely at off-mall locations, signaling retailers&#8217; continuing lack of faith in the enclosed mall model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Victoria&#8217;s Secret is closing more stores. Its parent company, L Brands, announced it plans to close up to 50 locations this year in the U.S. and Canada. That&#8217;s not nearly as severe as the 241 stores the lingerie retailer closed in 2020, CNN reported. The move comes after L Brands&#8217; plan to spin off Victoria&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2490,2438,2440,2630,2488,4858],"class_list":{"0":"post-9210","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized","8":"tag-illume-en","9":"tag-illume-e-magazine-online-cover","10":"tag-illume-emag-en","11":"tag-illume-mag-en","12":"tag-illume-magazine","13":"tag-victorias-secret"},"_links":{"self":[{"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/posts\/9210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/comments?post=9210"}],"version-history":[{"count":0,"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/posts\/9210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/media\/9211"}],"wp:attachment":[{"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/media?parent=9210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/categories?post=9210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lavyon.com\/en\/wp-json\/wp\/v2\/tags?post=9210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}