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Victoria Secret, Bath and Body Works announce temporarily closing stores

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Victoria's Secret, Bath and Body Works, and PINK stores have announced the temporary closure of all U.S. and Canada stores amid coronavirus concerns.

The store closure is in effect until March 29.

In addition, the company has also asked all home office associates to work from home if possible. All employees will receive pay and benefits during the closure.

In a statement released by the company, CEO Andrew Meslow said the company will support its employees with pay while looking for other ways to ease their concerns.

He also said the closure will "allow us to prioritize our inventory to our online channel" so shoppers can stay home.