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•  From Fox News:

Foot Locker announced Monday that it will close more than 400 low-performing stores in shopping malls by 2026 as it shifts its focus to new concept stores … There are about 1,300 Foot Locker stores in malls in North America … The company said it anticipates closing 25% of its locations in A- and B-rated malls and 50% of its stores in C- and D- rated malls."

The new concept stores, the story says, are "free-standing shops targeting niche consumers such as sneakerheads, children and higher-income shoppers."