After 123 years, Henri Bendel is closing its doors. And it’s leaving a lot of retail space behind

Amid sluggish sales, Henri Bendel is closing all 23 of its departments stores. Parent company L Brands announced Friday that it would be shuttering the luxury store after 123 years, CNN reported. Its 23 stores will close after the holiday season in January 2019. The move is an attempt “to improve company profitability and focus on our larger brands that have greater growth potential,” including Victoria’s Secret and Bath & Body Works, the company said. […]

Source: Real Estate

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