As more and more retailers take cost cutting measures in 2023, shoppers want to know if Foot Locker is closing down. Now, popular sneaker retailer Foot Locker has also announced it will axing hundreds ...

Major retailers are shutting down stores nationwide next year as the companies try to adjust their business operations and ...

Walmart, Target and Foot Locker have been highlighted in this Earnings Trends article. Dollar Tree tops earnings estimates, narrows guidance. Foot Locker falls on Q3 miss, slashed earnings forecast.

The big-box retailer’s plans include 70 new stores across Chile, while the sportswear giant’s DTC about-face could be a boon ...

This past year, giant retailers have taken massive profit cuts due to underperforming stores such as Walgreens, CVS, Best Buy, and Walmart. Among the stores that will close are 275 Foot Lockers ...

Overall, consumer spending trends appear stable, as we noted earlier while discussing Walmart’s WMT results. Walmart has benefited from its heavier indexing to groceries and other must-have ...