Foot Locker reported better-than-expected third-quarter earnings and revenue and provided a slightly more upbeat sales outlook, citing progress in its turnaround initiatives and a strong Black Friday weekend.
Dozens of looters, mostly teenagers, ransacked stores across Philadelphia on Tuesday night, smashing store windows, toppling displays and fleeing with merchandise.
Foot Locker reported a stronger-than-expected fourth quarter and unveiled a new plan to move the company forward that includes an increased focus on its core banners and a shift in its real estate strategy.
