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