Genesco to Close 100+ Journeys Stores as it Focuses on Off-Mall Locations
Retail TouchPoints
MAY 30, 2023
This was attributed to increased markdowns at Journeys offsetting an otherwise normalized promotional environment, which led to improved margins at the other businesses. However, Journeys still accounted for 56.3% Genesco’s gross margin was 47.3% in Q1 2024, compared to 48.3% in Q1 2023. of Genesco’s $483.3
Let's personalize your content