US EditionMajor UK Fashion Chain Plans Mass Restructure with 230 Stores and 5,500 Jobs at Risk
- Torrid, a retailer specializing in plus-sized apparel, revealed in 2025 that it intends to shut as many as 180 stores across the U.S. that have been performing below expectations.
- The closures follow recent store reductions since May 2024 and aim to reduce fixed costs amid underperformance and shifting retail strategies.
- The company operates 632 brick-and-mortar locations, but it remains unclear which specific stores will permanently close or when exact closures will occur.
- Torrid revealed this plan alongside first quarter 2025 earnings, emphasizing reinvestment in customer acquisition and omnichannel growth to support long-term expansion.
- These store closures intend to optimize resources by cutting costs and shifting focus toward growth areas, signaling a significant restructuring for the company in 2025.
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River Island drafts rescue plan as losses mount - Retail Gazette
River Island has brought in restructuring experts from PwC as the high street fashion chain battles tough trading conditions and falling sales. The fashion retailer, which operates around 230 stores and employs approximately 5,500 people, is working on a formal restructuring plan that could result in store closures and job cuts. The move follows cost-cutting efforts launched January, when the business launched a redundancy programme at its Londo…
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Total News Sources23
Leaning Left1Leaning Right0Center12Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
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