Foot Locker Comps Improve, Margins Expand in Q2
Big Foot chief Mary Dillon said that its Lace Up Plan made incremental progress in the second quarter, and revealed additional plans to streamline FL’s international business that will see about 30 additional stores closed or transferred to licensees by mid-2025. Store and e-commerce operations in Denmark, Norway, and Sweden will be shuttered, while FL’s business in Greece and Romania will be taken over by Fourlis Group, a retail and licensing operator in the region. In addition, FL will close down its stores and e-commerce operations in South Korea.
Foot Locker will ... Log in to view full article.