In Akron, Ohio — once the tire capital of the world — the collapse of the rubber industry offers a stark preview of what AI-driven job losses could mean for government tax revenue.
Dick’s Sporting Goods, which acquired Foot Locker last year, lowered its outlook for the shoe store, citing “challenging conditions in the athletic footwear marketplace.”
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![“Buying yet another color or version of a shoe that they already have in their closet is not something [consumers] are willing to add to the basket these days,” said Bryan Eshelman at Alix Partners.](https://img.apmcdn.org/1ab19529081f04aff44f35c1c4692863be57b5c3/widescreen/bef5a7-20260826-a-man-shops-for-sneakers-webp2000.webp)