Foot Locker is closing 400 stores by 2026
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Report: Foot Locker to close 400 mall stores
(WTVO) — Shoe retailer Foot Locker announced this week that it will close 400 mall stores as part of a plan to "reset" the company to market to niche audiences. According to Business Insider, Foot Locker operates 1,300 stores in malls in North America, and said it expected to close 420 of them by 2026. The company said it would close underperforming mall stores and open 300 free-standing "new concept" stores, where it expects to make 50% of its …
Coverage Details
Total News Sources68
Leaning Left17Leaning Right4Center36Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 30%
C 63%
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