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L Brands Extends Its Store Closures, Suspends Dividend


Ten days ago, L Brands (NYSE: LB) announced that in response to the growing threat of the coronavirus pandemic, it would "temporarily close all Bath & Body Works, Victoria's Secret and PINK stores in the United States and Canada, effective March 17 through March 29, 2020."

Now, it's clear the situation has gotten even more serious.

Image source: Getty Images.

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Source Fool.com

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