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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.
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Best Sneakers Of The 2017-18 NBA Season [PHOTOS]
Best Sneakers Of The 2017-18 NBA Season [PHOTOS]
1. Ben Simmons
1 of 12
2. Jeff Green
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3. D’Angelo Russell
3 of 12
4. Kristaps Porzingis
4 of 12
5. Gordon Hayward
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6. Kyrie Irving
6 of 12
7. LeBron James
7 of 12
8. Draymond Green
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9. Thabo Sefolosha
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10. Kyrie Irving
10 of 12
11. Devin Booker
11 of 12
12. Josh Jackson
12 of 12
Continue reading Best Sneakers Of The 2017-18 NBA Season [PHOTOS]
Best Sneakers Of The 2017-18 NBA Season [PHOTOS]
Why Foot Locker Is Closing Multiple Stores In The U.S. was originally published on rickeysmileymorningshow.com
