Foot Locker

Following a record performance in 2015, Foot Locker has become the newest member of the S&P 500 index, which bodes well for the performance of the company’s share price.

After the close of trading on Friday, April 1, Foot Locker will replace oil and gas equipment services provider Cameron International as the newest constituent in the S&P 500 index, according to a statement by S&P Dow Jones Indices LLC, a part of McGraw Hill Financial. A spot on the S&P 500 index opened up after Cameron was acquired by Schlumberger Ltd.

Lululemon athletica and Athleta, a subsidiary of Gap Inc., are not new concepts. But they are part of one of fashion’s hottest trends: “athleisure.”

Specializing in trendy activewear designed for the gym and beyond, athleisure concepts are finding their way into all kinds of shopping destinations — giving lululemon and Athleta increasing competition. Here’s a rundown of some other retailers currently in the game:

The forces of disruption influencing so much of retail have finally arrived at one of the industry’s most tradition-bound segments. Retail trade events have changed little the past 20 years, but a new event called Shoptalk (May 16-18) is reimagining every aspect of the concept. Event co-founder and chairman Anil Aggarwal spoke with Retailing Today about Shoptalk, what it is, what it isn’t and how he plans to create a community of commerce innovators.

RT: What is Shoptalk?

The CEO of Foot Locker credits the company's revised strategic framework with single digit sales gains and double digit earnings gains in the fourth quarter.

For the period ended Jan. 30, Foot Locker reported net Income of $1.14 per share, a 13% increase from the prior year quarter. Earnings per share were $1.16, 16% above last year. Same-store sales increased 7.9%.

The CEO of Foot Locker credits the company's revised strategic framework with single digit sales gains and double digit earnings gains in the fourth quarter.

For the period ended Jan. 30, Foot Locker reported net Income of $1.14 Per Share, a 13% increase from the prior year quarter. Earnings per share were $1.16, 16% above last year. Same store sales increased 7.9%. 

Foot Locker named new CEOs to lead the athletic retailer’s North America and International divisions.

President and CEO Richard Johnson announced the promotion of Stephen D. (Jake) Jacobs to the position of executive vice president and CEO of North America and Lewis P. Kimble to the position of executive VP and CEO of International, effective Feb. 29.

Higher demand for running and basketball shoes is translating into more record sales and profits for Foot Locker, which reported impressive third quarter results on Friday.

The New York-based specialty athletic retailer posted a same store sales increase of 8.7% in its third quarter ended Oct. 31.

Foot Locker’s newest promotion with NBA superstar James Harden serves as reminder to retail marketers that imagination is their only constraint when it comes to leveraging social media to connect with consumers.