Wexner: L Brands does not envision mass store closings, China increasingly important
(WorldNews Business)

Many big-name retailers have closed stores en masse. Columbus-based L Brands is not averse to pruning, its leaders say, but no large-scale closings are envisioned.The company`s founder, chairman and CEO, Leslie H. Wexner, and his executive team emphasized that fact several times at Thursday`s annual shareholders meeting and in comments on first-quarter results, released Wednesday. `You see the headlines,` Wexner said. `Is it the end of retail with the Amazon-ization of [...] ......