Torrid trims store count; comparable sales fall 6.3%
Torrid closed six stores in 2Q, taking its total to 457 locations versus 575 a year earlier. Comparable sales fell 6.3% during the period as the store-reduction strategy continued.
Torrid said its store-reduction strategy continued to reshape operations in the 2Q. The company closed six stores during the quarter, leaving it with 457 locations, down from 575 a year earlier. The company said that means it has reduced its store count by more than 100 locations over 12 months. Comparable sales fell 6.3% during the period.