The owner of Victoria's Secret tumbles after missing on sales, halving its dividend, and replacing its CEO (LB)

Business Insider reports the so-called 'retail apocalypse' gathered even more steam this week. Gap, JCPenney, and Victoria's Secret announced more than 300 store closures over the course of 24 hours...

Credit: Wochit Business     Duration: 00:40Published on February 28, 2019

Victoria's Secret plans to close 53 stores this year as more women desert the brand for lingerie startups and big retailers. And J.C. Penney is closing more stores after a weak holiday sales season.

Credit: WBZ CBS Boston     Duration: 00:25Published on February 28, 2019

Business Insider reports that Victoria's Secret is set to close 53 stores in North America in 2019. Fourth-quarter earnings and same-store sales, released on Wednesday, have slumped by 3%. Some say..

Credit: Wochit     Duration: 00:42Published on February 28, 2019

Victoria's Secret is closing 53 stores in North America this year. On Wednesday, its parent company L Brands reported fourth-quarter earnings, same-store sales at Victoria's Secret were down 3%. The..

Credit: Rumble     Duration: 00:40Published on February 28, 2019

L Brands are the owners of the Victoria's Secret brand. The company beat on earnings but missed on sales.

Credit: Rumble     Duration: 00:39Published on February 28, 2019

L Brands are the owners of the Victoria's Secret brand. The company beat on earnings but missed on sales. Its full-year profit guidance also fell short of the Wall Street consensus. The company..

Credit: Wochit     Duration: 00:39Published on February 28, 2019