Worldwide footwear retailer Foot Locker announced plans to shutter 400 stores by 2026, in an effort to expand their shopper base and simplify operations, according to CNN. The 400 stores slated to ...

Foot Locker CEO Mary Dillon on Monday outlined a new long-term strategy to grow the business as the retailer reported a sales decline of 0.3% in the fourth quarter. The “Lace Up” strategy includes ...

While there are promising signs that the retail sector is perking up as consumers shop a little bit more, there are still plenty of tough decisions in the offing for retailers. Foot Locker says it ...

Foot Locker is making big cuts to its real estate portfolio amid declining profits. The retailer will shutter 400 underperforming mall locations by 2026, CEO Mary Dillon said on an earnings call ...

Foot Locker, the American sportswear and footwear retailer, will shutter roughly 400 mall stores within the next three years. The announcement Monday is another blow to the mall retail sector, as ...

Despite reporting strong results in its Q4 2022 earnings report, Foot Locker is expected to shutter nearly 400 stores by 2026. During the sneaker chain’s Investor Day event today, Foot Locker’s top ...

Foot Locker Inc. will close 165 stores this year and spend millions to upgrade the remaining properties, it announced on Friday, as the shoe retailer aims to further improve margins after ...

New York-based specialty athletic retailer Foot Locker Inc is to shutter 117 stores, cut 120 jobs and consolidate its businesses under one management team in a move designed to offset slowing sales in ...