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...Foot Locker on Wednesday cut its full-year outlook for gross margins to a range of 27.8 per cent to 28 per cent....
...Mary Dillon, chief executive of shoe retailer Foot Locker, said Hoka and On Running were two of its fastest-growing brands....
...But Macy’s, Foot Locker and Nordstrom are trickier....
...That echoed the view of Dick Johnson, chief executive of Foot Locker, which last week predicted a 320-330 basis point hit to its full-year margins as a result of having to sell its sneakers at a lower price...
...Numerous retailers reported surging inventories for the second quarter: Foot Locker, Kohl’s and Gap reported inventories up 52 per cent, 48 per cent and 37 per cent, respectively....
...Mr Johnson of Foot Locker said the lack of federal guidance had been a challenge....
...There are a number of good arguments for Foot Locker’s acquisition of atmos, which stands out for having happened at all....
...Macy’s, Foot Locker and Victoria’s Secret-owner L Brands were among several companies that slumped to a quarterly loss after their stores were closed — in stark contrast to Walmart, which posted its biggest...
Analysts predict dozens of nationally-known chains could be headed for insolvency
...Instead of simply competing against other sports brands such as Adidas or Under Armour on the shelves at Foot Locker, Nike faced new rivals, including Lululemon, a yoga-pants specialist with its own store...
...Foot Locker was always seen as a tougher competitor to JD Sports in the US than Sports Direct has been in the UK....
...Foot Locker shares, which tend to be volatile around earnings releases, were down 10.1 per cent in pre-market trade on Friday....
...In a bid to drive foot traffic, its 1,100 stores double as Amazon return centres....
...Lines of tape mark out six-foot distances in the locker rooms and workers will arrive in staggered shifts. Such steps consume time and square-footage in a cost-obsessed business....
...Foot Locker came good on its prediction for a strong fourth quarter and forecast better than expected earnings growth in 2019, helping send shares of the sportswear and sneaker retailer more than 13 per...
...Shares of Foot Locker jumped as much as 6 per cent on Friday morning, making Foot Locker one of the top performers in the S&P 500....
...It showed in Foot Locker’s gross margin, which expanded to 31.6 per cent from 31 per cent....
...In February, US sporting goods retailer Foot Locker spent $100m on a minority stake in GOAT, a sports shoe marketplace....
...Foot Locker shares were up 0.6 per cent in pre-market trade this morning. At Thursday’s close, the stock was up 13.5 per cent in 2018....
...Foot Locker shares sprinted higher leading the benchmark S&P 500 on Friday after the sports apparel retailer posted better than expected first-quarter results....
...Looking ahead, Foot Locker warns the weak sales trend will continue into the first half of the year....
...The comments offered investors hope that new “must have” shoes would bring shoppers in through Foot Locker’s doors for the crucial holiday shopping season....
...Shares in Foot Locker have fallen hard in pre-market trading after the US sports retailer reported net income of $51m in the second quarter of the year – far shy of most analyst estimates and underscoring...
...Shares in Foot Locker tumbled more than 27 per cent, slicing some $1.7bn of the company’s market value....
...Mr Binetti thinks Foot Locker might be overly optimistic, citing UBS research showing that consumers, for the first time ever, prefer to buy Nike products on Amazon than at a Foot Locker store....
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