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 is making strides towards improving processes across the enterprise with its “Lace Up” strategic plan, which includes an expanded loyalty program, bolstered CRM capabilities, and a beefed up digital presence.