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Foot Locker

  • Foot Locker launches mobile app — with sneaker emoji

    New York -- Foot Locker has launched its first smartphone mobile application for iOS and Android, along with 85 “Shoemoji” sneaker replica emoticons. The emoticons allow customers to share their love of sneakers in a visual way. They can also show off some of their favorite styles with the new Shoemojis.

  • Finish Line falls behind in revenue race

    The sports retail market has been strong for Foot Locker and similar retailers, but not for Finish Line, which reported a drop in holiday quarter profit.

  • Foot Locker sets $10 billion sales goal for 2020

    New York – Foot Locker Inc. is significantly raising its long-term financial objectives for 2020, including achieving sales of $10 billion. The retailer also seeks to achieve sales per gross square foot of $600, net income margin of 8.5%, EBIT margin of 12.5%, return on invested capital of 17%, and inventory turnover of three or more times.

  • Foot Locker charts growth course through 2020

    On the heels of a very successful fiscal year, Foot Locker executives have announced a string of new and expanded strategic initiatives.

    Richard Johnson, president and CEO of Foot Locker Inc. and other members of the company's senior management team announced an updated set of growth initiatives, and a revised strategic framework, intended to further elevate its long-term financial performance for the period 2015 through 2020.

  • Survey: Petsmart, Amazon lead in customer experience

    Waban, Mass. - PetSmart and Amazon.com deliver the best customer experience in the retail industry. According to the 2015 Temkin Experience Ratings, an annual ranking of companies based on a survey of 10,000 U.S. consumers, PetSmart and Amazon.com tied for the top spot, each scoring 82%, which put them both in fourth place overall out of 293 companies across 20 industries.

    Walgreens came in a close third with a rating of 81% and a ranking of eighth, while Bed Bath & Beyond, Lowe's, and Costco all earned 79% and tied for 19th place overall.

  • Foot Locker runs up profit in Q4; sales surge

    New York  -- Foot Locker posted better than expected fourth quarter earnings on Friday, amid strong holiday sales. Net income jumped 21% to $146 million in the quarter, up from $121 million last year.

    Total sales in the quarter increased 6.7% to $1.91 billion, also beating estimates of $1.87 billion. Same-store sales rose 10%.

  • Another slam dunk for Foot Locker

    Foot Locker Inc. is riding the wave of shoppers’ growing desire for athletic footwear -- especially trendy basketball shoes -- into all-time record sales.

  • New Shoes.com takes aim at Amazon, Foot Locker

    The new owner of Shoes.com is not wasting any time in its quest to compete in a market dominated by Amazon and Foot Locker.

    Shoeme, the parent company of OnlineShoes.com and Shoeme.ca, has formally re-launched Shoes.com after buying the website in December with a refreshed design and expanded product offering, now with more than 450 brands.

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