Bath & Body Works fiscal third-quarter performance topped analysts’ estimates thanks to strong sales and the retailer boosted its full-year outlook.

Oregon officials believe a $90 million settlement with the parent company of Victoria’s Secret guarantees an end to its culture of harassment and fear.

FILE - This Sept. 19, 2014 file photo shows retail mogul Leslie Wexner, at the Wexner Center for the Arts in Columbus, Ohio. Wexner is severing his last ties with the retail empire that he founded in 1963. L Brands, which operates Victorias Secret and Bath & Body Works, said the 83 year-old billionaire, along with his wife Abigail, won't stand for reelection to the board of directors. (AP Photo/Jay LaPrete, File)NEW YORK – Billionaire retail icon Les Wexner is severing his last ties with the retail empire that he founded in 1963. The company said in February it intended to complete the separation of its Victoria’s Secret and Bath & Body Works businesses by August.

The company was forced to close stores on March 18 because of the coronavirus outbreak, causing sales to plunge by as much as 45%, the company said Thursday. Kohl's said earlier this week that sales fell 43% last quarter, while sales at L Brands, the parent company of Victoria's Secret and Bath & Body Works, dropped 37%. Macy's began reopening stores on May 4 -- just a couple days after its first fiscal quarter came to a close. Macy's is limiting the number of customers allowed inside stores that are reopening and installing social distancing signs and markers. The company says it’s working: “With two weeks of results from reopened stores, customer demand is moderately higher than we anticipated,” Gennette said.