Foot Locker plans to close about 400 mall-based stores by 2026 as it looks to focus on its young shoppers with new concepts.

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Foot Locker to Close 400 Mall-Based Stores By 2026

Well, footlocker is downsizing the company plans to close about 400 stores by 2026. The company says it will have a smaller footprint and some shopping malls as it closes, underperforming stores. Now, footlocker also is looking towards the future And plans to reimagine its brand and become more relevant to younger shoppers, especially sneaker heads. Well, foot locker also is making marking its 50th anniversary next year. Can you believe it's been around 50 years? All right, go out and get you some shoes and celebrate.