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Foot Locker to Close 110 Stores in 2018, Blaming Retail Apocalypse

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Foot Locker is closing more retail stores this year, as the so-dubbed retail apocalypse continues to rear its head for some. The New York-based athletic retailer said it plans to close about 110 stores this year, eliminating the ones that are underperforming. Last year, Foot Locker closed 147 stores worldwide, and opened 94 new locations, leaving with a…

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