Money Victoria’s Secret store closings: Retailer to close up to 50 stores while Bath & Body Works opens new locations February 24, 2021February 25, 2021 Kelly Tyko, USA TODAY Comments Off on Victoria’s Secret store closings: Retailer to close up to 50 stores while Bath & Body Works opens new locations L Brands plans to close up to 50 more Victoria's Secret stores in 2021 while opening 50 more Bath & Body Works locations in the U.S. and Canada.