These Stores Are Planning To Shut Down By 2020

Foot Locker

Just this March, Foot Locker Inc. said it will be closing 167 stores. It wants to heavily invest in its remaining locations by spending millions on them. This movie is part of its strategy to improve its profit margins. The shareholders of the shoe retailer were shocked by its good performance in Q4 last year.

Foot Locker

Macy’s

Macy’s shut down 8 stores earlier this year. These closures are part of a series planned and announced several years ago. The plan affected two stores in California and one each in Indiana, New York, Virginia, Washington, Massachusetts, and Wyoming.

Macy’s