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A sneaker brand with a 42-year history announced the closure of more than 50 retail locations, reflecting ongoing struggles in physical retail amid shifting consumer shopping habits and competitive pressure from larger athletic apparel brands. The closures mark a significant retrenchment for a legacy brand navigating a challenging retail environment. The move adds to a wave of store closures across the retail sector this year as companies reassess brick-and-mortar footprints in favor of e-commerce and cost discipline.