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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Haven’t bought in years there. Don’t have my size usually and overpriced everything. Bought my athletic shoes at ROSS for 15 years now 👍👍 I’m sure people get better deals online too.

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