While conceding that weak consumer demand and higher promotional activity will make 2023 a reset year, Big Foot management gave more color on its Lace Up strategy’s path to achieving three-year targets during the Bernstein Strategic Decisions Conference. With 47% of customers falling in the $50,000 and under household income bracket, lower tax refunds this year led to continued softness into May from the difficult Q1 results. Spring holidays gave come short-term boosts, but stretches of conservative spending remained in between. Despite some easing in inflation rates, FL expects no lifting ... Log in to view full article.