Upscale retailer Henri Bendel is planning to call it a day after this holiday season, ending a more than 100 year run, according to L Brands, which acquired the brand in 1985. Affected are 23 retail
stores, including a Fifth Avenue location, and a website.
The company said it plans to focus on its larger businesses including Victoria’s Secret. “The brand
was a pioneer in retail and a mainstay in New York City,” according to the WSJ. Read the whole story at Wall Street Journal »