Torrid Closes Over 150 Stores Across North America

The plus-size retailer is undergoing a major restructuring effort, including shuttering locations deemed "structurally unproductive."

Mar. 25, 2026 at 4:19am

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Plus-size retailer Torrid has closed 151 stores during its 2025 fiscal year as part of a significant restructuring effort. The company, which caters to women in sizes 10-30, entered its 2026 fiscal year with 483 locations across North America after the closures. Torrid plans to shutter up to 30 more stores in the first half of 2026.

Why it matters

Torrid's store closures reflect broader challenges facing traditional brick-and-mortar retailers, especially those focused on apparel, as consumer shopping habits shift more toward e-commerce. The restructuring efforts aim to put the company on a stronger financial footing moving forward.

The details

Torrid, which is based in Southern California, has shuttered 11 stores so far in 2026 and plans to close up to 30 more in the first half of the year. The company's 2025 year-end report showed a 14.3% decline in net sales to $236.2 million from $275.6 million in the prior year's fourth quarter, as well as a drop in gross profit margin that resulted in a net loss of $8.1 million.

  • Torrid closed 151 locations during its 2025 fiscal year, which ended January 31.
  • Torrid entered its 2026 fiscal year with 483 locations across North America.
  • Torrid has shuttered 11 stores so far in 2026 and plans to close up to 30 more in the first half of the year.

The players

Torrid

A plus-size retailer that caters to women in sizes 10-30, with locations across North America.

Lisa Harper

The CEO of Torrid, who acknowledged a 9.4% year-over-year drop in net sales but expressed confidence in the company's financial turnaround.

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What they’re saying

“[We're] exceeding the high end of our outlook, while making deliberate strategic decisions required to put this business on a stronger footing. We closed 151 structurally unproductive locations, launched sub-brands that generated approximately $70 million in sales, and fundamentally restructured our product assortment around core franchises and fabrications our customers value. I am content we are on the right path and encouraged by early signs of progress we are seeing in the business.”

— Lisa Harper, CEO, Torrid

What’s next

Torrid plans to close up to 30 more stores in the first half of 2026 as part of its ongoing restructuring efforts.

The takeaway

Torrid's store closures reflect the broader challenges facing traditional brick-and-mortar retailers, especially those focused on apparel, as consumer shopping habits shift more toward e-commerce. The company's restructuring efforts aim to put it on a stronger financial footing, but the path forward remains uncertain for many mall-based retailers.