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:
- Spring Sneakers That Instantly Upgrade Your Rotation
- Dave Chappelle Books Three-Nights At Netflix Is a Joke Festival
- TRIED IT: The Shark Beauty SilkiPRO Wet-To-Dry Straightener Is A Good Match For 4C Hair
- Oprah Signs New Podcast Deal With Amazon
- Alert Andy ASAP! ‘The Valley’s’Michelle Saniei Sparks Romance Rumors With Dr. Dre, Duo Spotted Chronic-ly Coupled Up In Photos
- Allyson Felix’s Legacy, By the Numbers — Inside The Career Of America’s Most Decorated Track Star
- HEEstory! ‘Michael’ Moonwalks To Massive $217 Million Global Box Office Debut, Sparks Hoots, Hollers & Hee-larity Across Social Media
- Velvet-Voiced Bruno Mars Beautifully Belts '777' Hits In ATL Alongside Anderson .Paak & Leon Thomas [Exclusive]
- Jordan Chiles Champions Focus With Pure Leaf Mental Focus Teas, Talks Beyoncé Cécred Spotting [Exclusive]
- 20 Notable Sports Athletes Who Were Great At Other Sports
[ione_media_gallery id=”1834899″ overlay=”true”]
