Vera Bradley
Vera Bradley is changing its business approach, opting for licensing over physical locations. Instead, Bed Bath & Beyond and Macy’s are being considered as potential retailers for home items. By 2021, it plans to close up to 50 of its 110 locations. At that time, several of the leases will be up for renewal. However, 52 Vera Bradley factory stores remain open for business, allowing customers to shop in person.
Vera Bradley
Henri Bendel
In early 2020, Henri Bendel closed all of its 24 locations across the country. In the fall of 2018, the parent company, L Brands, announced that the whole brand, including its website and famed Fifth Avenue presence, would be shut down. Instead, the corporation decided to focus on high-potential brands such as Victoria’s Secret and Bath & Body Works.
Henri Bendel