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LB - L Brands Extends Its Store Closures Suspends Dividend
L Brands Inc.
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.