Year Established: 1990
Store Closures: 50 Branches*
Arguably one of the most consistent staples of any American mall, Bath & Body Works vaulted from relative obscurity to market king within a decade of its founding. The company is one of the few brands to not only escape the “retail apocalypse” of the 2010s – but actually flourish during this time.
Having said that, the company recently announced that 50 store locations, primarily in the United States, will be closing permanently by the end of 2022. The company plans to offset this with a three-year plan to open to 46 new locations and renovate up to 175 pre-existing locations. Considering the company operates more than 1,600 stores worldwide, this is hardly a drop in the bucket.