Plus-size Fashion Chain Torrid Slims Down, Shuttering A Third Of Its Stores

Plus-size unit concatenation Torrid is shuttering astir a 3rd of its stores arsenic it grapples pinch sliding sales.

The City of Industry-based institution closed 151 locations past twelvemonth and an further 11 stores since nan commencement of 2026.

The closures targeted “structurally unproductive stores” pinch debased income , nan institution said connected an net telephone past week. The institution plans to unopen up to different 30 locations during nan first half of 2026, main executive Lisa Harper said during nan call.

Torrid was founded successful California successful 2001 and specializes successful clothing for women who deterioration sizes 10 to 30. The full closures would beryllium astir 30% of nan company’s beingness locations, pinch conscionable complete 480 stores still unfastened astatine nan extremity 2025.

The closures are portion of “intentional structural change” implemented by nan institution to regain its financial footing, said Chief Financial Officer Paula Dempsey.

The retailer has struggled pinch declining nett sales, which fell 9%.in 2025, Harper said.

Established promenade retailers and section stores person struggled successful caller years, pinch awesome players for illustration Forever 21 closing each of its locations past year.

Online-only retailers, for illustration Temu and Shein, person trim into nan retailers’ user base. Bargain retailers for illustration Ross Dress for Less are besides thriving, attracting a larger swaths of customers and reporting grounds sales.

Customer retention was beardown successful 2025 contempt shop closures, Harper said, and Torrid executives flagged early signs of occurrence successful shifting its customer guidelines toward its integer platform.

Harper said she’s assured nan institution will acquisition a turnaround, adding that nan first fewer months of 2026 “give america assurance that nan instauration we’ve built is opening to return hold,” she said.

I americium assured we are connected nan correct way and encouraged by early signs of advancement we are seeing successful nan business,” Lisa Harper, nan company’s main executive, said successful nan year-end report.

The institution has focused connected optimizing its shop web by reintroducing sub-products for illustration footwear and friendly apparel.

Investors deliberation nan institution is connected nan correct path. Torrid shares person surged adjacent to 40% since it announced its plans.