Foot Locker has not announced which stores will close or when it will announce the closures.
Foot Locker's decision to close 400 stores by 2026 is part of the company's new "Lace Up" business strategy. NEW YORK -- Foot Locker plans to close 400 stores by 2026, the company announced at its Investor Day on Monday.
“Our team delivered a great finish to the year with strong fourth quarter results that capitalized on resilient holiday demand an a compelling assortment and inventory position from our brand partners,” Dillon said. “We are entering 2023 with a focus on resetting the business – simplifying our operations and investing in our core banners and capabilities to position the Company for growth in 2024 and beyond.
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