Foot Locker to Downsize Amid Lower Earnings, Sales Forecast

Footwear retailer Foot Locker (FL) will close 400 stores, representing 10% of the chain’s sales, in an attempt to simplify its operations.

Foot Locker to Downsize Amid Lower Earnings, Sales Forecast
Footwear retailer Foot Locker (FL) will close 400 stores, representing 10% of the chain’s sales, in an attempt to simplify its operations.