Yorktown in Lombard, Illinois |
All signs point to The Limited closing all there stores in the coming months, no matter if owner Sun Capital Partners wants to come out and say it or not. A few months ago, the CEO for The Limited stores Diane Ellis stepped down in favor to work as CEO or Chico's, another clothing chain. That left CFO John Buell to fill in as the interim CEO. Weeks ago, The Limited laid off a significant portion of its corporate staff, and John Buell stepped down as provisional CEO to work for clothing and home decor chain Altar'd State, as there CFO.
As The Limited is based in Columbus, Ohio, The Columbus Dispatch reported that locations around the city are liquidating inventory and "All Sales Final" banners hang throughout the stores.
Yorktown |
Woodfield Mall in Schaumburg, Illinois |
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