Victoria’s Secret Closing 250 Stores; See Locations In San Diego

Danny Wicentowski

SAN DIEGO COUNTY, CA — Victoria’s Secret will permanently close about 250 stores in the United States and Canada by the end of this year, parent company L Brands announced this week.

Also slated for closure are 50 Bath & Body Works locations. The news came this week after L Brands posted its quarterly earnings online.

Victoria’s Secret, a popular women’s lingerie retailer, has 1,091 stores in the United States and Canada. L Brands said it will close 235 U.S. Victoria’s Secret and three Pink stores. It also plans to close 13 of its 38 stores in Canada.

While the company has yet to name which stores it plans to close, San Diego County has nine Victoria’s Secret locations that could be on the list:

  • 1640 Camino Del Rio North, Mission Valley
  • 3030 Plaza Bonita Road, National City
  • 4545 La Jolla Village Drive, San Diego
  • 4211 Camino De La Plaza, San Diego
  • 7007 Friars Road, San Diego
  • 425 Parkway Plaza, El Cajon
  • 2015 Birch Road, Chula Vista
  • 555 Broadway Avenue, Chula Vista
  • 200 East Via Rancho Parkway, Escondido

San Diego County also has fifteen Bath & Body Works stores which could be slated for closure:

  • 332 Horton Plaza, San Diego
  • 1640 Camino Del Rio North, San Diego
  • 7007 Friars Road, San Diego
  • 4727A Clairemont Drive, San Diego
  • 10757 Westview Parkway, San Diego
  • 11860 Carmel Mountain Road, San Diego
  • 3030 Plaza Bonita Road, National City
  • 555 Broadway, Chula Vista
  • 2015 Birch Road #913, Chula Vista
  • 5500 Grossmont Center Drive, La Mesa
  • 601 Fletcher Parkway, El Cajon
  • 9926 Mission Gorge Road, Santee
  • 4265 Camino De La Plaza, San Ysidro
  • 1028 North El Camino Real, Encinitas
  • 272 East Via Rancho Parkway, Escondido

In February, L Brands was prepared to sell a majority stake of Victoria’s Secret to Sycamore Partners, a deal that would have spun off the Victoria's Secret brand — made up of Victoria's Secret Lingerie, Victoria's Secret Beauty, and PINK — into a separate, standalone company.

However, the companies agreed to terminate the sale after L Brands was forced to impose furloughs and mass store closures in response to the coronavirus pandemic. Ending the agreement also avoided a lawsuit by Sycamore Partners, which had accused L Brands of breach of contract.

Victoria’s Secret reported net sales of $1.65 billion for the first quarter of 2020, compared with $2.6 billion for the same quarter last year.

In a call with analysts, Interim Victoria’s Secret CEO Stuart Burgdoerfer said the closings will occur over the next several months. Additional closings are anticipated, USA Today reported.

L Brands said in a news release that it "remains committed to establishing Bath & Body Works as a pure-play public company and is taking the necessary steps to prepare the Victoria’s Secret Lingerie, Victoria’s Secret Beauty and PINK businesses to operate as a separate, standalone company."

Victoria’s Secret and Bath & Body Works are the latest in a series of retail closures prompted by dwindling revenue amid the coronavirus pandemic.

Last week, Pier 1 Imports and J.C. Penney both announced the companies would file for bankruptcy. While J.C. Penney plans to close about 240 stores, Pier 1 will close all locations. Earlier this month, luxury department store Neiman Marcus filed for bankruptcy after furloughing 14,000 employees and temporarily closing its 43 stores.

This article originally appeared on the San Diego Patch