Vera Bradley
Vera Bradley is reassessing its business model, relying on licenses rather than having physical stores. The company is considering selling home goods through stores including Bed Bath and Beyond and Macy’s. It also intends to close up to 50 of its 110 locations by 2021. Many of the leases would be up for renewal at that time. However, 52 Vera Bradley factory outlets are still open for business, making it easier to visit a physical store.
Henri Bendel
Henri Bendel closed all of its 24 stores around the country in early 2020. The parent company, L Brands, revealed in the fall of 2018 that the entire brand, including the website and the popular Fifth Avenue location, will be shut down. The company decided to concentrate on products of greater promise, such as Victoria’s Secret and Bath & Body Works.