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Citi upgrades Foot Locker to buy, says it's moving in right direction, turning attention away from malls and Champs brand, and focusing on offerings related to kids, loyalty, digital; following reset in 2023, forecast is for high single-digit EPS growth
Published: March 21, 2023 by Baystreet US News Alerts
Foot Locker, Nike align on growth in basketball, kids, sneaker culture in 'revitalized' partnership; though Foot Locker will not see more limited edition lines such as Dunks and Jordans, holiday season will feature LeBron James, Kevin Durant retro shoes
Published: March 20, 2023 by Business Insider
Foot Locker to close over 400 mall stores by 2026, open over 300 new concept stores as it 'resets' focus to niche shops for sneakerheads, kids, higher-income shoppers; company expects 50% of revenue to come from outside of malls by 2026, up from 35% today
Published: March 20, 2023 by Business Insider
Nedap to showcase high-profile partnerships via roundtables featuring G-Star RAW, Foot Locker, will announce launch of iD POS 2, a next-generation point-of-sale reader that uses RFID technology at EuroShop 2023; company also will exhibit iD Cloud Platform
Published: February 07, 2023 by Nedap N.V.
Nike's quarterly wholesale revenue up 19% year-over-year to US$7.3B, outpacing 15% direct sales growth; though Nike has aggressively pushed direct sales since 2017, it has increasingly been touting partnerships with retailers including Dick's, Foot Locker
Published: January 11, 2023 by Business Insider

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