Limited's 1,550-store Bath & Body Works concept is also getting a boost. The chain is adding 55 units to its portfolio this year, a 3% square footage increase, up from a 1% addition last year.

The company is looking to expand other concepts as well. Executives are looking for more space for the Victoria's Secret spinoff Pink, as well as its Diva London, Henri Bendel and C.O. Bigelow concepts, together which only operate a handful of stores.

Limited Brands, which ended its fiscal year on Feb. 3, is coming off a strong fourth quarter, when same-store sales increased 8% year over year. Net sales were up to just over $4 billion, from just more than $3.5 billion in 2005's fourth quarter.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.