Overview
- Torrid said it shut 151 locations in 2025 and 11 more in early 2026, focusing on stores it called structurally unproductive.
- The company now operates just over 480 stores across all 50 U.S. states, Puerto Rico, and Canada.
- Executives plan to close up to 30 additional locations in the first half of 2026 as part of the network overhaul.
- Net sales fell 9% in 2025, and the CFO called the closures an intentional structural change to fix the business.
- The company reports strong customer retention, early traction online, and a share price gain of about 40% after the plan, in a market where Temu, Shein, and discount chains pressure mall retailers.