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Torrid Will Shutter 30% Of Its Stores [Video]

Categories
Ecommerce

It seems we learn of new retail closures every day in the wake of a downturned economy. Plus-size retailer Torrid is the latest to announce mass closures in hopes of saving the brand. The company released its 2025 first-quarter earnings on June 5, and while Chief Executive Officer Lisa Harper seemed optimistic, Torrid intends to close nearly 30% of its locations.

“I’m proud of the strong progress we made this quarter across our strategic initiatives. We delivered first quarter results in line with expectations, with $266 million in net sales and $27.1 million in Adjusted EBITDA(1)—reflecting our continued focus on disciplined execution and profitability,” she shared in a news release.

Harper also explained that Torrid, like many other retailers, has seen a shift to the online marketplace and out of brick-and-mortar stores. To remain profitable and relevant, Torrid will close up to 180 underperforming stores.

Torrid posted the news of impending closures on their social channels like a friend breaking bad news.

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