Popular woman's fashion retailer closing nearly 200 stores

Yahoo Finance
2025.12.24 19:47
portai
I'm PortAI, I can summarize articles.

Torrid, a leading retailer in the plus-sized clothing market, plans to close nearly 200 underperforming stores by the end of 2025. This strategic move aims to reduce fixed costs and focus on digital channels, as online sales now account for 70% of demand. Despite the growing market, Torrid reported a 10.8% decrease in net sales and a net loss of $6.4 million in Q3 2025.