L Brands is closing 50 of its Bath & Body Works stores across the country amid the coronavirus pandemic, according to information released online as part of the company’s first quarter results report.
The closings will take place largely in shopping malls, where social distancing measures continue to impact pedestrian traffic, CNN reported. Bath & Body Works has approximately 1,700 locations in North America. The retailer will also close a store in Canada, according to USA Today.
The pandemic has hit the retail industry hard. J.Crew Group, JCPenny and Neiman Marcus all filed for bankruptcy this month. However, Bath & Body Works’ quarterly results weren’t as bleak.
“Despite the store closings, Bath & Body Works had a solid quarter. Online sales increased 85% from a year ago,” wrote CNN’s Jordan Valinsky. “He expects his disinfectant products to become a $ 300 million business this year, up from $ 100 million last year.”
Only certain Bath & Body Works sites are currently open in the midst of the coronavirus pandemic, according to its website. However, the retailer currently offers a variety of offers online.
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