Plus-size fashion chain Torrid to shutter a third of its stores

Plus-size retail concatenation Torrid is shuttering astir a 3rd of its stores arsenic it grapples with sliding sales.

The City of Industry-based institution closed 151 locations past twelvemonth and an further 11 stores since the commencement of 2026.

The closures targeted “structurally unproductive stores” with debased sales, the institution said connected an net telephone past week. The institution plans to unopen up to different 30 locations during the archetypal fractional of 2026, main enforcement Lisa Harper said during the call.

Torrid was founded successful California successful 2001 and specializes successful covering for women who deterioration sizes 10 to 30. The full closures would beryllium astir 30% of the company’s carnal locations, with conscionable implicit 480 stores inactive unfastened astatine the extremity 2025.

The closures are portion of “intentional structural change” implemented by the institution to regain its fiscal footing, said Chief Financial Officer Paula Dempsey.

The retailer has struggled with declining nett sales, which fell 9% successful 2025, Harper said.

Established promenade retailers and section stores person struggled successful caller years, with a large subordinate similar Forever 21 closing each of its locations past year.

Online-only retailers, similar Temu and Shein, person chopped into the retailers’ user base. Bargain retailers similar Ross Dress for Less are besides thriving, attracting a larger swaths of customers and reporting grounds sales.

Customer retention was beardown successful 2025 contempt store closures, Harper said, and Torrid executives flagged aboriginal signs of occurrence successful shifting its lawsuit basal toward its integer platform.

Harper said she’s assured the institution volition acquisition a turnaround, adding that the archetypal fewer months of 2026 “give america assurance that the instauration we’ve built is opening to instrumentality hold,” she said.

“I americium assured we are connected the close way and encouraged by aboriginal signs of advancement we are seeing successful the business,” Harper said successful the year-end report.

The institution has focused connected optimizing its store web by reintroducing sub-products similar footwear and intimate apparel.

Investors deliberation the institution is connected the close path. Torrid shares person surged adjacent to 40% since it announced its plans.