Plus-Size Fashion Retailer Torrid To Close Up to 180 Locations This Year
Torrid Holdings Inc., the plus-size fashion retailer known for catering to women sizes 10 through 30, is closing multiple retail locations across the United States.
The closures span malls and standalone stores. According to Torrid's official first-quarter earnings report, released June 5, the company plans to close 180 underperforming stores.
The closures, Chief Executive Officer Lisa Harper said in the report, will allow the company to "reduce fixed costs and reinvest in areas that drive long-term growth, including customer acquisition and omnichannel enhancements."
Newsweek contacted Torrid's media relations team for comment on Wednesday morning.
Clothing brand Torrid was founded in 2001, targeting a younger demographic of plus-size consumers.
Over the years, it evolved into a standalone brand with more than 600 stores across the U.S. and Canada, according to the brand's website, offering trendy and professional clothing designed exclusively for plus-size women.
Torrid debuted its first New York Fashion Week collection in 2017.
The brand has a dedicated online presence. In the report, Harper said that "digital continues to be our customer's preferred channel," with nearly 70 percent of Torrid customers using the online site.
The closures come after the retailer experienced a nearly 5 percent drop in first-quarter sales compared to 2024.
"We're accelerating our transformation to a more digitally led business, which includes optimizing our retail footprint," Harper said.
Newsweek reached out to Torrid for a list of closing locations. A full list of operating Torrid locations is available on the company website.
In its first-quarter earnings report, Torrid posted a net sales decrease of 4.9 percent, falling from $279 million for the first quarter of last year to $266 million this year. The company also reported a net loss of $7.3 million, compared to a $11.8 million profit during the same period in 2024.
In the company's first quarter, two Torrid stores closed. As of early June, the company was operating 632 store locations, per the report.
The closures "better align our current demand and sales channels," the report said.
"We remain in a strong financial position and are executing with clarity and focus," Harper said. "I'm incredibly proud of our team's commitment to delivering innovative product, deepening customer connections, and building a more agile, resilient business for the future."
Despite the closures, the company delivered results in line with expectations for its first quarter. Torrid maintained its full-year outlook for 2025, projecting net sales between $1.030 billion and $1.055 billion.
Store closures are expected throughout the year, though it's unclear when operations will begin winding down.
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