• From Fox News:
Foot Locker announced Monday that it will close more than 400 low-performing stores in shopping malls by 2026 as it shifts its focus to new concept stores … There are about 1,300 Foot Locker stores in malls in North America … The company said it anticipates closing 25% of its locations in A- and B-rated malls and 50% of its stores in C- and D- rated malls."
The new concept stores, the story says, are "free-standing shops targeting niche consumers such as sneakerheads, children and higher-income shoppers."
