The local stores have been selling off merchandise at highly
discounted rates in recent weeks to purge what's left of their

The brand is expected to begin to liquidate its stores soon. Two stores in Orlando-area malls closed before Christmas.

The retailer is owned by a private equity firm, Sun Capital Partners, which purchased the brand in 2007.

The Limited's inventory is for sale at up to 75 percent off in stores
and up to 50 percent off online. The website says "all sales are final
and no returns or exchanges will be honored on purchases."

The Limited has yet to file for bankruptcy, but it's clear that the company has struggled financially for some time.