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The Independent UK

Business

Erin Keller

Lululemon ditches plans to open new stores as sales take a hit

Lululemon Heidi ONeill Retail Dive

Lululemon is pulling back on its expansion plans as the athletic-wear retailer struggles with falling sales.

The Canadian company, known for its premium leggings and yoga pants, now plans to open about 35 new company-operated stores this year, down from 40 locations previously expected, according to Retail Dive.

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