Some bad news for Foot Locker as you might not see them in your local mall soon. Despite reporting strong results in its Q4 2022 earnings report, Foot Locker is expected to shutter nearly 400 stores by 2026. According to Matthew Kish from Business Insider, the impacted stores will mostly be those that are underperforming and those that are currently located in shopping malls. The retail chain says that it plans to transform its real estate footprint by also opening stores with new operating formats.