Torrid to Close Nearly 200 Stores Amid Shift to Online Sales in Plus-Size Fashion Market

The plus-sized clothing market for women is growing, with a projected revenue of $37.4 billion by 2033, a CAGR of 6.5%, and a shift towards online sales. Despite the growth, retailers like Torrid are closing nearly 200 brick-and-mortar stores due to the increasing demand for digital channels. Torrid's CEO plans to accelerate the transformation to a more digitally-led business, including optimizing its retail footprint.