Big Foot’s strategy for managing the Trump Administration’s tariffs on significant sourcing countries will involve both upstream cost absorption and consumers shouldering price takes, it shared at the J.P. Morgan Retail Round Up. The retailer has direct exposure through its private label business, which accounts for a low-single-digit percentage of total sales. Sourcing is now roughly 50/50 between China and other Southeast Asian countries. As for its national brands, the process will take place on a brand-by-brand basis.

FL remains confident that store refreshes and omnichannel upgrades from its Lace Up plan ... Log in to view full article.