Foot Locker to close 400 mall locations: report

HARRISBURG, Pa. (WHTM) -- Foot Locker announced during a recent investor meeting that it plans to close more than 400 stores inside shopping malls, according to Business Insider.Foot Locker says the closures are part of its newest business plan that it refers to as "Lace Up." The plan is meant to act as a "reset" for the retail sneaker chain.
Part of the reset includes the closing of 400-plus shopping mall locations and then the start of opening free-standing store locations for niche audiences,