Foot Locker Is Closing 400 Stores. They May Become An Eyesore

Two major retail chains are closing roughly 800 stores. One company's spaces likely will be filled, while the other's may become empty, and unsightly, zombie stores.

Topics:  closing   stores   
BING NEWS:
  • Why JD Sports’ Hibbett Acquisition Could Present Fresh Challenges for Foot Locker
    JD Sports’ announcement on Tuesday that it plans to acquire Hibbett in a deal valued at $1.1 billion could spark the latest power shift in the American athletic retail landscape.
    04/23/2024 - 8:55 am | View Link
  • JD Sports to buy US rival Hibbett in $1.08 billion sportswear retail deal
    JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand ...
    04/23/2024 - 5:21 am | View Link
  • Nike, Adidas, and HOKA will soon be sold in JD Sports thanks to Hibbett’s $1 billion buy
    JD Sports, which sells Nike, adidas, HOKA, and other sports brands, said last month it expects the Euro soccer championships, Paris Olympics, and new styles of trainers and track suits would spark ...
    04/23/2024 - 3:52 am | View Link
  • Clothing store Express, a mall favorite, has filed for bankruptcy
    Clothing store Express, a longtime mainstay of American malls, has filed for bankruptcy protection, closing dozens of stores but also eyeing a survival plan that involves getting sold. At its peak, ...
    04/22/2024 - 1:00 am | View Link
  • Look inside N.J. mall’s sad, dead stores before they get demolished
    The long jewelry counter once filled with diamonds and expensive watches sits bare. Behind the dusty counter is a torn shopping bag and a cardboard box of perfume samples. Nearby is a stack of paper ...
    04/18/2024 - 2:13 pm | View Link
  • More
BING SEARCH:
  • Foot Locker closing 400 shopping mall locations to prioritize better ...
    Foot Locker announced Monday that it will close more than 400 low-performing stores in shopping malls by 2026. (Getty / Getty Images) There are about 1,300 Foot Locker stores in malls...
    04/22/2024 - 5:11 am | View Website
  • Foot Locker Plans to Close More Than 400 Mall-Based Stores
    As part of a new business plan, Foot Locker will close hundreds of underperforming stores in malls. Although it also plans to open stores, Foot Locker expects to have 10% fewer...
    04/22/2024 - 5:11 am | View Website
  • Foot Locker announces plan to close 400 stores by 2026
    Foot Locker plans to close 400 stores in North America by 2026 as it rebrands part of its business, the company announced Monday. The company plans to close many underperforming stores in shopping malls while focusing on strengthening its standalone stores with new concepts, Foot Locker said during its Investor Day presentation.
    04/21/2024 - 7:59 pm | View Website
  • Foot Locker to close more than 400 stores ahead of brand reset
    March 22, 2023 / 8:05 AM EDT / MoneyWatch. Foot Locker plans to shutter more than 400 of its in-mall stores as it pivots its business strategy to connect with niche markets. The store...
    04/21/2024 - 6:26 pm | View Website
  • Foot Locker to shutter 400 mall-based stores by 2026
    As a result, the retailer will close approximately 400 stores by 2026, including 200 locations in C and D malls and 200 underperforming stores in A and B malls, executives said on a call with...
    04/21/2024 - 5:48 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News