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OrwellKnew ago

So is this the reason The Limited just announced they are closing all 250 of their stores?

The Limited is closing all of its 250 stores https://www.washingtonpost.com/news/business/wp/2017/01/06/the-limited-is-closing-all-of-its-250-stores/

Shoppers in the Washington region were notified by e-mail that the Pentagon City store was closing. News outlets in places such as Indianapolis, Albany, N.Y., and central Illinois reported that their local Limited stores were shuttering.

Sun Capital Partners, the company that owns The Limited, declined to comment.

A spokesman told the Associated Press that the company will shut its stores by Sunday and that the closures would result in about 4,000 job cuts.

The Limited was once a cornerstone of one of retailing’s most formidable empires. Founded in 1963 by Leslie H. “Les” Wexner, the store was a 2,000-square-foot box named for its limited assortment of women’s apparel.

Psalm100 ago

At least officially, Wexner has had no connection to The Limited for a number of years now. Sun Capital completely bought it out in 2010, IIRC.