Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Foot Locker Explains Why Running Stumbled in Q4

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!