Friday, February 28, 2020

Foot Locker plans 20 new power stores and 125 remodels in 2020

Retail Dive
After opening 6 power store locations in 2019, Foot Locker plans to open 20 more of the store format in 2020 across the U.S. and internationally, CEO Dick Johnson said on a conference call with analysts.

He also noted that the company is planning to remodel or relocate 125 stores, 110 of which will be at the retailer's core store locations. The athletics brand also plans to open 65 new stores in 2020 and close 150 globally, impacting mostly Foot Locker U.S. and Europe, as well as Runners Point. . . . more