Foot Locker

Foot Locker Shares Soar After It Beats Wall Street Projections

Foot Locker Shares Soar After It Beats Wall Street Projections
Foot Locker Shares Soar After It Beats Wall Street Projections
March 04, 2019  |  Retail

Foot Locker shares surged 5.96 percent on Friday (March 1) after the company beat Wall Street’s projections and reported same-store sales growth of 9.7 percent,...

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Foot Locker Backs Rockets Of Awesome With $12.5M Investment
Foot Locker Backs Rockets Of Awesome With $12.5M Investment
February 26, 2019  |  Retail

In the latest of a series of investments, Foot Locker backed children’s clothing brand Rockets of Awesome with $12.5 million in funding. The brand will start...

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Foot Locker Invests $100M In Online Sneaker Reseller Platform
Foot Locker Invests $100M In Online Sneaker Reseller Platform
February 07, 2019  |  Retail

Legacy retail company Foot Locker has invested $100 million in Goat Group, an online platform that sells and resells rare and classic sneakers, according to...

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Foot Locker Looking To Shutter 100 Stores
Foot Locker Looking To Shutter 100 Stores
March 05, 2018  |  Retail

Foot Locker is the latest in a long line of retailers drastically reducing their store counts and slashing underperforming locations to cut costs, according to Business...

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Direct to Consumer: QVC’s HSN Acquisition Impact
Direct to Consumer: QVC’s HSN Acquisition Impact
July 10, 2017  |  Retail

Buying a kitchen gadget from Ron Popeil or a new knife set from Chef Tony has long been relegated to the confines of infomercials and...

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Nike Mulls Selling Directly on Amazon
Nike Mulls Selling Directly on Amazon
June 22, 2017  |  Retail

Nike has so far resisted direct sales on Amazon, but now it seems that, in the face of ebbing sales, the company has decided to...

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Foot Locker Rides Footwear Trends To Solid Earnings
Foot Locker Rides Footwear Trends To Solid Earnings
August 22, 2016  |  Retail

In a sea of difficult earnings reports, Foot Locker has clocked in as an island of relative strength. Earnings for the second quarter of 2016...

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