Vera Bradley
Vera Bradley is revamping its business practices, emphasizing on licensing rather than physical stores. Instead, the company is considering selling home goods through retailers such as 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 are set to expire at that time. However, there are still 52 Vera Bradley manufacturing outlets open for business, making it feasible to visit a physical store.
Henri Bendel
Henri Bendel closed all of its 24 locations across the country in early 2020. The parent company, L Brands, then announced in the fall of 2018 that the whole brand, including its website and famed Fifth Avenue store, will be shut down. Instead, the business decided to concentrate on higher-potential brands such as Victoria’s Secret and Bath & Body Works.