Victoria’s Secret quietly closed 38 stores. What shoppers should know

Victoria’s Secret has closed dozens of stores worldwide this year, but the brand is still raising its full-year sales outlook. The news comes from a recent report from The Street, which explained that between Jan. 31 and Aug. 31, the chain closed 38 stores globally. However, over the same period of time, 48 Victoria’s Secret stores opened, bringing the total store count to 1,430. Last year, the iconic lingerie and beauty brand closed 78 locations, but opened 111. On a Sept. 3 earnings call, the…