More than 400 under-performing shops to close by 2026

Foot Locker has become the latest chain to close its stores across the nation with the company set to shut more than 400 of its under-performing shops by 2026.

The 420 stores that are set to close across the United States account for nearly 10 per cent of Foot Locker's total sales.

Foot Locker said the closures will allow the company to introduce new store concepts and boost the company's annual revenue by £1billion.