Foot Locker
In March 2019, Foot Locker Inc. announced that it would shut down 167 stores. It planned to invest more and pour in millions of bucks in the remaining locations. This move was made to improve profit margins. The shareholders of the retailer were surprised that it did well during Q4 of 2018.
Foot Locker
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Macy’s
Macy’s shut down 8 stores in early 2019. The closures were only a fraction of the series of closures that they announced and planned several years ago. The plan affected two locations in California, as well as one store in the states of New York, Wyoming, Washington, Virginia, Indiana, and New York.
Macy’s
