Torrid Continues to Trim Store Footprint

Dow Jones
Sep 04

Torrid's store-reduction strategy continues to reshape its operating profile. The company closed six stores during the 2Q, bringing its total count to 457 locations, down from 575 a year earlier. That's a reduction of more than 100 stores over 12 months. Meanwhile, comparable sales fell 6.3% during the quarter.

 

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10