Foot Locker news and trends

Foot Locker’s Mobile App and Loyalty Program Propel Online Sales Growth
Earnings // December 04, 2024

Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and revamped loyalty program. “While our trends in early November landed below our expectations as consumers...

Foot Locker Reportedly Expanding Home Court Collaboration With Nike
Retail // December 03, 2024

Foot Locker is reportedly expanding the “Home Court” basketball sections it launched with Nike. The expansion is part of an effort by the sports apparel retailer and the sneaker giant to fix their damaged relationship, Bloomberg News reported Tuesday (Dec. 3). According to the report, Foot Locker plans to...

Foot Locker’s Strategic Overhaul Shows Early Success in Q2
Retail // August 28, 2024

In a pivotal moment for Foot Locker, the company’s second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives to enhance its digital business, store experience, loyalty programs and brand building. With a 2.6% increase in comparable sales, surpassing...

Nike Rehires Veteran Exec Tom Peddie to Reignite Retail Relationships
Personnel // July 09, 2024

Nike tapped retired executive Tom Peddie to boost its retail partnerships. “Tom spent many years at Nike leading global sales before becoming the general manager of emerging markets, and then heading up the North America geography,” the company said in a statement provided to PYMNTS...

Interviews & Exclusives
Foot Locker’s Mobile App and Loyalty Program Propel Online Sales Growth

December 04, 2024
Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and revamped loyalty program. “While our trends in early November landed below our expectations as consumers held back their spending ahead of the holiday season, we […]

Will Consumers Trade Their Data for Better Offers?

January 04, 2024
Personalized deals and offers can be convenient, but they’re hard to come by. Many consumers are wary about the extent of information that brands and retailers need to provide such...

How A Retail Incubator Could Produce The Next Big Innovation

June 12, 2019
The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross...

Quick Reads
Foot Locker Reportedly Expanding Home Court Collaboration With Nike

December 03, 2024
Foot Locker is reportedly expanding the “Home Court” basketball sections it launched with Nike. The expansion is part of an effort by the sports apparel retailer and the sneaker giant to fix their damaged relationship, Bloomberg News reported Tuesday (Dec. 3). According to the report, Foot Locker plans to launch the new sections — which feature digital wallets where […]

Nike Rehires Veteran Exec Tom Peddie to Reignite Retail Relationships

July 09, 2024
Nike tapped retired executive Tom Peddie to boost its retail partnerships. “Tom spent many years at Nike leading global sales before becoming the general manager of emerging markets, and then...

Foot Locker Begins Rollout of ‘Store of the Future’

April 24, 2024
Foot Locker has unveiled its “store of the future” in Wayne, New Jersey. This new retail format will inform the footwear and apparel retailer’s global refresh, as information gleaned from it...

Foot Locker to Launch New App, ‘Store of the Future’

March 06, 2024
Foot Locker is accelerating its transformation into an omnichannel retailer in 2024 after making gains in 2023. The specialty athletic retailer aims to “make the customer journey more dynamic, personalized and...