Why Foot Locker Is Closing Multiple Stores In The U.S.
Source: SOPA Images / Getty
Foot Locker is one of the most famous sneaker stores, but will have to close 110 of its locations. This will take place this year as CFO Lauren Peters mentioned “under-productive stores” have to be closed. High Snobiety mentioned Foot Locker had 94 new locations open, but had a lack of customers.
CEO Richard Johnson said, “The disruption that has characterized the retail industry recently is not going away. Consumers want experiences, they want cool products, and they want it all — fast.” We will just have to wait and see what happens with these stores.
RELATED: Thieves Kill DC Teen For $220 Christmas Sneakers
RELATED: LeBron James Stands For “Equality” With Statement-Making Sneakers & Slams Trump
RELATED: Quavo Surprises High School Basketball Team With Custom LeBron James Sneakers [VIDEO]
The Latest:
- Ashanti & Nelly’s 2nd Wedding Anniversary Moment Has Fans In Their Feelings
- Diddy’s Sons Announce Zeus Network Documentary About His Trial & Backlash Erupts
- Boxer Anthony Joshua Injured In Deadly Car Crash In Nigeria
- Beyoncé Becomes Fifth Musician to Reach Billionaire Status
- Sybil Wilkes Breaks Down What We Need to Know: December 29, 2025
- K’aun Green To Receive $8M Settlement From San Jose Over Police Shooting
- Montell Jordan Reveals He is Cancer Free for the Second Time
- Tyler Perry Sued Again, Second Man Alleges Sexual Assault
- Dad Who Fatally Shot Kentucky State Student Not Indicted
- Oh What Fun! Unwrap The Funniest, Wildest & Messiest Tweets, Viral Videos & More From Christmas 2025
