Limited to Shutter Stores

Media outlets in Florida, California, and Missouri, are reporting that Limited (New Albany, Ohio) will be closing locations this week.

Columbus Business First reports the retailer recently told employees that its third quarter was “very disappointing” and that the company “substantially” missed its sales budget. There have also been layoffs at the New Albany headquarters and steep discounts at stores nationwide.

Before the holidays, Limited operated 250 locations.