American retailer closes 25 stores as it pares back footprint to boost profits

American retailer closes 25 stores as it pares back footprint to boost profits

Source: www.foxbusiness.com · Section: business-tech · Bias: Center · Published: Tue, 08 Sep 2026 15:19:32 GMT

Footwear retailer Genesco closed 25 stores during fiscal its fiscal second quarter of 2027 as part of a strategy to cut overhead, boost gross margins and lower total debt.

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