Foot Locker Looks to Digital Expansion, Reimagined Stores to Woo Cautious Customers

A common theme in recent earnings calls involving The Home Depot, Lowe’s and Target has been the “cautious consumer” as shoppers are becoming more selective about their spending, often waiting for the right moment to make a purchase rather than buying impulsively. You can add Foot Locker to that list after its fourth-quarter earnings call Wednesday (March 5).“Coming out of the holiday we felt really good about the momentum in the business,” Foot Locker President and CEO Mary Dillon told analysts during the ...