Foot Locker plans 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 operations.
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. The stores slotted for closing across North America account for nearly 10% of Foot Locker’s total sales, said Anthony Aversa, Foot Locker senior vice president of store development.
They include the sneaker maven, or sneaker-obsessed shoppers who represent themselves through their shoes; the fashion-forward expressionist who want to look and feel cool and rely on their sneakers to deliver that feeling; the athlete searching for high performance sneakers; shoppers who prioritize quality and comfort; and, finally, the deal-hunters.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Inside Foot Locker’s Plan to Reach $9.5 Billion in Sales by 2026Foot Locker shares got a lift in pre-market trading after the retailer revealed a strong fourth-quarter performance and teased its long-term strategic plan.
Les mer »
Foot Locker to close 400 under-performing stores and 125 Champs SportsThe company also plans to open new hundreds of new concept stores.
Les mer »
Foot Locker says it has 'revitalized' its relationship with Nike to focus on 'sneaker culture'Foot Locker Inc. on Monday said it had "revitalized" its decades-long relationship with Nike Inc.
Les mer »
SoFi Stadium In Jeopardy Of Losing 2026 FIFA World Cup Final Over Narrow FieldSoFi Stadium is in jeopardy of losing the 2026 FIFA World Cup Final over concerns the field is too narrow.
Les mer »
Route 55 construction on track for 2026 completion date despite SoCal's recent stormsDrivers traveling on State Route 55 between the 405 and 5 freeways are seeing the initial stages of a new improvement project that's continuing to take shape despite the recent storms.
Les mer »
Man serving 400-year prison sentence exonerated after new probe finds wrongful convictionFORT LAUDERDALE, Fla. — (FORT LAUDERDALE, Fla.) -- A man who has served more than 34 years of a 400-year prison sentence has been released after the state of Florida reinvestigated the case and determined he did not commit armed robbery.
Les mer »