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Foot Locker is closing 400 stores by 2026

Summary by CTV News
Foot 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.

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Bias Distribution

  • 63% of the sources are Center
63% Center
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Complex broke the news in on Monday, March 20, 2023.
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