Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
Just two months after shutting down its Hollywood flagship store, Frederick's of Hollywood has announced that it will close the remainder of its 94 brick-and-mortar locations. According to the LA Times, the lingerie company couldn't keep up with its rivals and has decided to reposition itself as an online-only retailer. "As a company, I think they became old and stale," retail analyst Ron Friedman told the Times. "Victoria's Secret has been a home run compared to them." At least there's a bright side: free shipping on everything on the site.