Business & Tech

Popular Mall Retailer Closes 150+ Stores: See VA Locations

More closures are expected as the company undergoes a significant restructuring.

Plus-size retailer Torrid, which caters to women in sizes 10-30, has been quietly closing stores deemed "structurally unproductive" since last year, according to its year-end data. The chain closed 151 locations during its 2025 fiscal year, which ended Jan. 31.

The closures are part of a significant restructuring effort. The company did not list all of the store closures in its year-end report, but the brand entered its 2026 fiscal year with 483 locations across North America.

Torrid, which is based in Southern California, has shuttered 11 stores so far in 2026 and plans to close up to 30 more in the first half of the year, the Los Angeles Times reported.

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The company's online store information, as of late March, had webpages for the following 12 Virginia locations: Spotsylvania Towne Centre in Fredericksburg, Apple Blossom Mall in Winchester, Dulles Town Center in Dulles, Jefferson Commons in Newport News, Norfolk Premium Outlet in Norfolk, Potomac Mills in Woodbridge, Lynnhaven Mall in Virginia Beach, Valley View Mall in Roanoke, Dimmock Square Shopping Center in Colonial Heights, Williamsburg Premium Outlet in Williamsburg, Fair Oaks Mall in Fairfax and River Ridge Mall in Lynchburg.

According to the company's 2025 year-end report, Torrid's net sales declined 14.3 percent to $236.2 million from $275.6 million in the prior year's fourth quarter. Its gross profit margin was down as well, resulting in a net loss of $8.1 million.

Find out what's happening in Across Virginiafor free with the latest updates from Patch.

Torrid CEO Lisa Harper acknowledged a 9.4 percent year-over-year drop in net sales but expressed confidence in a financial turnaround driven by the store closures, the launch of five new sub-brands, and a refined product focus.

“[We're] exceeding the high end of our outlook, while making deliberate strategic decisions required to put this business on a stronger footing. We closed 151 structurally unproductive locations, launched sub-brands that generated approximately $70 million in sales, and fundamentally restructured our product assortment around core franchises and fabrications our customers value," Harper said. "I am content we are on the right path and encouraged by early signs of progress we are seeing in the business.”

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