Crocs Puts Best Foot Forward in Restructuring

Crocs said late Monday it would exit badly performing stores, slash jobs, and streamline operations, sending shares of the plastic clogs retailer up more than 12 percent on Tuesday. Niwot, Colo. based Crocs said it would explore strategic alternatives and terminate product development of unspecified non core brands; shut down or convert between 75 and 100 company-owned storefronts — 18 of which will be