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Frederick's of Hollywood closes all stores, strips down to Web
Frederick's of Hollywood closes all stores, strips down to Web

Frederick's of Hollywood Group Inc., a Los Angeles lingerie brand that struggled to compete with rival Victoria's Secret, has closed all of its stores and will do business only online. "We no longer have store locations," the retailer said on its website, but added that its online store offered the same selection of merchandise. In 2014, Frederick's operated 94 stores and a catalog business, in addition to its website. Ron Friedman, a retail expert at consulting and accounting firm Marcum, said he wasn’t surprised by the store closures. “As a company, I think they became old and stale,” he said. “Victoria’s Secret has been a...

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