Torrid to close as many as 180 stores, 30% of its fleet

Torrid could shrink its brick-and-mortar footprint by close to 30% in 2025, the plus-size apparel retailer said Thursday. The retailer runs 632 stores, after closing two in Q1; about 60% of its fleet is up for lease renewals this year. Plans are to shutter as many as 180 locations this year.