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

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.

Because of theft, or because the economy was doing so wonderfully they just couldn't handle it?

Go there, try on shoes, then find online for less with fast free shipping.

Good they never have any good shoes in stock anyways. The employees act worse than zaras

Sad 😞

I have never bought anything from them 😳🤯🤣

Watch the one in Compton close smh

Everything is ok! The Biden administration says unemployment is at record low!

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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
Source: CNN - 🏆 4. / 95 Read more »