Are West Michigan Foot Locker Stores Closing?

Foot Locker has announced the closure of hundreds of its brick-and-mortar stores in North America.

Senior Vice President of Store Development, Anthony Aversa, shared the news in a meeting with investors on Monday.

UP NEXT: TWO MORE WEST MICHIGAN BED BATH & BEYOND STORES CLOSING

Foot Locker to Close 400 Stores in Next Three Years

Foot Locker plans to shut down 400 “underperforming” mall stores by 2026. This includes 125 Champs Sports stores. CNN Business reports,

Foot Locker reported fourth quarter sales Monday that eased 0.3% versus a year ago.

The retailer also forecast total sales to drop 3.5% to 5.5% in 2023.

According to Fox Business, the closures are part of the company’s new “Lace Up” business plan which also includes opening free-standing “experiential” shops targeted at sneakerheads and higher-income shoppers. Foot Locker plans to open 300 of these new shops by 2026.

Are West Michigan Foot Lockers Closing?

At this point, Foot Locker has not announced which locations are shutting down. There are about 1,300 Foot Locker locations in North America. Fox Business reports,

 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.

There are currently 35 Foot Locker stores in Michigan.

West Michigan Foot Locker Locations include:

  • Woodland Mall in Grand Rapids
  • Rivertown Crossings Mall in Grandville
  • The Lakes Mall in Muskegon
  • The Crossroads Mall in Portage

There are also Champs Sports stores at Woodland Mall and at The Crossroads Mall.

LOOK: Here are 50 of your favorite retail chains that no longer exist

Are you ready to see the top 50 major retailers that no longer exist?

Keep reading to see if your favorites made the list.

LOOK: These Are the 50 biggest retailers in America

Tags:

endsleigh-insurance listed on couponmatrix.ukespa listed on couponmatrix.ukmadame-tussauds listed on couponmatrix.ukplaymoregolf listed on couponmatrix.uktweeks-cycles listed on couponmatrix.ukuniversal-textiles listed on couponmatrix.uk
endsleigh-insurance listed on couponmatrix.ukIf you're a student, Endsleigh is your go-to for insurance. Trusted by millions of undergraduates, postgraduates, alumni and education professionals worldwide, Endsleigh is the only insurance provider recommended by NUS. Offering policies to cover your car, contents, gadgets and more, you can trust Endsleigh to provide expert advice and policies designed to work for you (and your student budget). Make the most of an Endsleigh promotion code to save on cover that works for you, and enjoy the peace of mind that comes with comprehensive cover.
espa listed on couponmatrix.ukLooking for a new range of beauty products which are more than skin deep? With ESPA, you’ll find a new way of unwinding and caring for your body thanks to their expert combination of science, holistic techniques and effective natural ingredients. If you’re looking for something specific, ESPA even offer the ability to shop by mood, so you can use your ESPA discount code to help create the you you’ve always wanted to be.
madame-tussauds listed on couponmatrix.ukEverybody knows there’s only one noteworthy name in the waxwork industry, and Madame Tussauds is one of the few London attractions that can truly claim to offer something for everyone. This world-famous business has been operating from the same site for nearly 200 years, and our Madame Tussauds voucher codes will get you up close and personal with the most significant political, sporting and cultural figures from the French Revolution onwards.
playmoregolf listed on couponmatrix.ukTake a swing at your course of choice with PlayMoreGolf, the ultimate flexible golf membership. Designed by fellow golf fans to offer cost-effective golfing to those who don’t have the time or cash to commit to a full golf club membership, you can secure extra savings at your golf course of choice with a PlayMoreGolf promo code from Groupon. Whether you’re a Londoner eager for the occasional round at your local or a golfing veteran eager to explore other courses, get the most out of your membership with PlayMoreGolf.
tweeks-cycles listed on couponmatrix.ukTweeks live, eat and breathe bikes. Being based in Wrexham means they have easy access to both the Clwyd and Snowdon mountain ranges and consequently some of the most exciting road and mountain trails in the UK. When you use the Tweeks Cycles discount code you’re therefore not just buying a bike, - you’re buying into a way of life, and it’s that extra passion for their end product that enables Tweeks to give you that bit more.
universal-textiles listed on couponmatrix.ukRestock your essentials with ease when you shop at Universal Textiles, the place to get all that you need at a great price! Use a Universal Textiles discount code to shave a few pounds off your subtotal and you’ll be able to get the basics for less. Stocking linen and clothing from the likes of Caterpillar, Regatta, and others, Universal Textiles is committed to providing you with excellent products at an absolute steal!