Foot Locker to close about 400 stores by 2026 as company decreases shopping mall presence

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Foot Locker will be closing about 400 stores by 2026, the company announced.

The recognizable retail brand will be having a smaller footprint in some shopping malls, as it plans to close underperforming stores.

The company wants to reimagine its brand and become more relevant to younger shoppers, especially "sneakerheads".The company says its new store and marketing concept is called "lace up," which will focus on different types of sneaker shoppers.

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Na it’s joe Bidens economy it’s great stores are closing because the market is so good

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Foot Locker to close about 400 stores by 2026 as company decreases shopping mall presenceFoot Locker will be closing about 400 stores by 2026, the company announced. Everything is ok! The Biden administration says unemployment is at record low! Watch the one in Compton close smh
Herkunft: ABC7 - 🏆 67. / 68 Weiterlesen »

Foot Locker is closing 400 stores by 2026 | CNN BusinessFoot Locker is planning to shut 400 stores by 2026 as it strives to become more relevant to younger shoppers by relaunching its retail brands, introducing 'experiential' new store concepts and simplifying its operations by closing underperforming mall-based stores. Classic go woke go broke Employees making more profit from the product than the stores are.🤷🏼‍♂️ Probably not any shopping malls left anywhere
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »