US-based apparel retailer The Limited has started closing all 250 of its retail outlets across the country.

The Limited intends to retain its e-commerce operations

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It is estimated that the closures would affect 4,000 employees.

"In an increasingly challenging environment for mall-based retail and women's apparel, we are very disappointed that the company has had to make the difficult decision to close its retail locations."

The retailer posted a notification on its website on 7 January saying: 'We’re sad to say that all The Limited stores nationwide have officially closed their doors. But this isn’t goodbye.'

Founded in 1963, The Limited operated more than 750 stores, reported wgntv.com. It has also acquired several firms such as Victoria’s Secret, and Abercrombie & Fitch.

Private equity firm Sun Capital Partners acquired The Limited in 2010 after owning a majority stake since 2007.

Sun Capital was quoted by the Fortune.com as saying: "In an increasingly challenging environment for mall-based retail and women's apparel, we are very disappointed that the company has had to make the difficult decision to close its retail locations."

Other retailers such as Macy's and Sears have also announced the closure of stores, with Macy's closing 68 stores in the US, and Sears closing 150 Kmart and Sears outlets.