Foot Locker (FL) to Gain From Lace Up Plan, Market Adaptation
FLFoot Locker(FL) Zacks Investment Research·2024-01-17 01:47

Foot Locker, Inc. (FL) emphasized its strategic ‘Lace Up’ plan, focusing on enhancing the omnichannel experience, expanding sneaker culture, transforming its portfolio and deepening customer relationships. This initiative is a critical component of the company's strategy to simplify business operations and establish itself as a leading omnichannel retailer in the sneaker and sneaker culture markets. The plan also includes expanding the new store formats to represent 20% of the global square footage by fisca ...