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Foot Locker Explains Why Running Stumbled in Q4

What are the pains and actions brands across the industry are taking to try and become consumer-led? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

Facing headwinds from Covid-related closures in Europe and Canada and inventory delays due to congestion at domestic ports, Foot Locker saw comparable sales fall 2.7 percent in the fourth quarter, missing consensus estimates of a 4.8 percent gain. On the whole, however, chairman and CEO Richard Johnson said the specialty athletic retailer saw sequential improvement…

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