Foot Locker to shut 400 mall shops because it shifts focus to area of interest retailers for sneakerheads, youngsters, and higher-income buyers

Gertrude Aziz

Foot Locker plans to shut greater than 400 shops.Artistic Contact Imaging Ltd./NurPhoto through Getty Pictures Foot Locker hosted its first investor day underneath new CEO Mary Dillon. As a part of a brand new marketing strategy, Foot Locker will shut tons of of underperforming shops in malls. Though it additionally […]

Foot Locker to shut 400 shops throughout North America

Gertrude Aziz

Foot Locker, the American sportswear and footwear retailer, will shutter roughly 400 mall shops throughout the subsequent three years. The announcement Monday is one other blow to the mall retail sector, as different massive manufacturers proceed to adapt to altering purchasing habits and an anticipated pullback in client spending. The […]

Bizou to shut shops, affecting 350 workers

Gertrude Aziz

Article content material Beauce-based firm Bizou confirmed on Friday the instant closing of its 45 shops in Quebec and New Brunswick and introduced it could formally file for chapter in accordance with the provisions of the Chapter and Insolvency Act. Article content material The jewellery and equipment retailer, which employed […]

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