Henri Bendel Is Closing

After 123 years in business, the iconic Henri Bendel is closing shop. On Thursday, Bendel owner 'L Brands' announced it will be closing all Henri Bendel stores, including the flagship store in New York City. The shuttering of the stores will shockingly also include the brand's e-commerce. A recent revenue report disclosed that the company is on track to make $85 million this year, but its operating losses would total around $45 million.