Women’s fashion retailer axes 177 stores – and Ozempic might have something to do with it

A PLUS-SIZE women's fashion retailer has cut 177 stores, and experts have warned that popular weight-loss drugs like Ozempic are partly to blame. Torrid announced plans to close the underperforming stores last year, while it stressed it was in "a strong financial position." In a recent earnings call, Torrid answered for its performance, noting that...

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