Foot Locker

Foot Locker has enlisted crowdsourced delivery service Deliv so it can offer online customers same-day delivery.

Deliv's Application Programming Interface (API) connects directly to Footlocker’s website, allowing shoppers to select same-day or next day delivery for $5.

New York – Foot Locker Inc. is partnering with crowdsourced delivery service Deliv to offer shoppers on its Footlocker.com website the option to have their purchases delivered same-day. Leveraging Deliv's Application Programming Interface (API), which connects directly into the Footlocker.com website, shoppers can now select same-day or next day delivery for $5.

One retail category that’s been fascinating to watch evolve over the last several years is the women’s athletic apparel segment. Judging by the number of times reporters have asked me about women’s athletic apparel retailers in the last few months, I’m not the only one who thinks so.

New York -- Foot Locker on Friday turned in another winning performance, posting sales and income for the second quarter that topped analysts’ estimates.

Net income for the quarter increased to $92 million, from $66 million in the year-ago period.

Total sales increased 12.9%, to $1.64 billion, compared with $1.45 billion for the corresponding prior-year period. Excluding the effect of foreign currency fluctuations, total sales for the second quarter increased 11.7%.  

As the start of the school year gets closer, Kids Foot Locker has joined forces with Los Angeles Clippers point guard Chris Paul, widely known by fans, media and fellow athletes as CP3, to promote the store’s line of Jordan products.
 
A new commercial, produced by BBDO and slated to start airing on children’s networks Aug. 8, features Paul taking photos with young basketball players wearing Jordan gear.

Lumber Liquidators has formalized its compliance and sustainability team headed by Raymond Cotton, who was appointed as chief compliance and sustainability officer in February and reports directly to president and CEO Robert M. Lynch.

Cotton manages the company’s quality assurance, sustainable sourcing, loss prevention, risk management and compliance with legal and regulatory requirements of global trade.  

New York – Foot Locker Inc. had a successful first quarter of fiscal 2014, with rising sales driving solid net income performance. Net income grew 17% to $162 million, from $138 million in the first quarter of fiscal 2013.

Net sales rose 14% to $1.87 billion, from $1.64 billion. Same-store sales climbed 7.6%.

Foot Locker is off to a great start in 2014. The specialty athletic retailer’s first quarter sales and profits were the highest in its history for the third consecutive year.

Net income for the quarter ended May 3 was $162 million, or $1.10 per share, compared with net income of $138 million, or $0.90 per share, last year. Total net sales increased 14%, to $1.9 billion this year, compared with sales of $1.6 billion for the corresponding prior-year period. Comparable-store sales increased 7.6%.