Nike Closes Several Small-Format Nike Live Stores
Nike has closed up to 14 of its small-format Nike Live stores as part of a strategic review. The company stated that it regularly evaluates its store fleet and makes adjustments to align with growth strategies, though no specific financial impact was disclosed. The closures reflect broader retail industry trends where companies are rethinking physical store footprints in favor of more scalable or profitable formats. Nike has been shifting focus toward digital channels and larger flagship stores as part of its long-term strategy.
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Topics: Nike Live retail store closures