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Story summary
- Genesco Inc., a U.S. retailer, is closing 25 stores in Q2 fiscal 2027.
- Closures include 17 Journeys, six Schuh and two Johnston & Murphy locations across its three brands.
- Overall store count fell to 1,186, a 5% decline from a year earlier.
- Net sales slipped 3% to $530 million in the quarter.
- Total debt fell from $71 million to $15.8 million as part of its financial restructuring.
