Foot Locker to cut 120 jobs, close 117 stores
NEW YORK - Foot Locker Inc. said Friday it plans to cut about 120 jobs and to have closed 117 stores by the end of this month as it looks to become a more efficient and competitive business.
Wal-Mart Stores Inc. will cut 700 to 800 jobs at its northwestern Arkansas headquarters as it builds fewer stores this year and makes other operational changes, the world's largest retailer announced Tuesday.