Rent the Runway is permanently closing all of its physical stores as the company rethinks retail during the pandemic

Shoppers browse at a Rent the Runway store in San Francisco in 2019. Kelly Sullivan/Getty Images Rent the Runway is permanently closing its five physical retail locations in New York City, Chicago, Los Angeles, San Francisco, and Washington, D.C.In a statement to Business Insider, Rent the Runway president and COO Anushka Salinas said the company…

Rent the Runway is permanently closing all of its physical stores as the company rethinks retail during the pandemic

Shoppers browse at a Rent the Runway store in San Francisco in 2019.

Kelly Sullivan/Getty Images

Rent the Runway is permanently closing its five physical retail locations in New York City, Chicago, Los Angeles, San Francisco, and Washington, D.C.In a statement to Business Insider, Rent the Runway president and COO Anushka Salinas said the company will shift its focus back to its online-only roots, while increasing its drop-off locations around the country.┬áThe buzzy startup is the latest retail victim of the coronavirus outbreak, and news of its store closures comes just a week after fellow direct-to-consumer darling Glossier announced layoffs at its retail locations.Visit Business Insider’s homepage for more stories.

Online clothing rental service Rent the Runway is permanently shuttering its five brick-and-mortar stores, becoming the latest retail casualty of the coronavirus outbreak. The closures include its five physical locations in Chicago, Los Angeles, San Francisco, and Washington, D.C., as well as New York City, where its flagship store will be transformed into a permanent return site for rented garments, as first reported by CNBC. In a statement to Business Insider, Rent the Runway president and COO Anushka Salinas said the company will shift its focus back to its online-only roots, while increasing its drop-off locations around the cou
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