Footwear Chain Closes Over 150 Stores Amid Changing Mall Dynamics
Footwear retailer Journeys, owned by Genesco, is closing over 150 stores as part of a strategic shift away from traditional malls. The closures are driven by changing consumer behavior and the division between high-tier and low-tier shopping centers. This move reflects a broader trend in retail adaptation to evolving mall traffic patterns.
Topics: consumer behavior Genesco Journeys malls retail store closures