14 Hrs
Source:
New York Post
Nike shuts 11 US stores including California
Nike closed 11 stores nationwide in July, including one in San Jose’s Santana Row mall, as part of broader global restructuring and downsizing efforts. Despite these closures, California still hosts the most Nike locations in the country, with 39 stores. The company’s sales declined 7% in the fourth quarter, and it has recently laid off approximately 1,400 employees to modernize its operations and improve efficiency.
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