Foot Locker

retaildive | October 24, 2018

Last May, as Foot Locker posted sales and profits that beat expectations and reported that it had successfully trimmed previously bloated inventories, CEO Richard Johnson touted the retailer’s "strategic vendor partnerships." "The flow of premium product continues to improve, with increasing breadth and depth in the most sought after styles from our key vendors," he said in a statement. “[W]e continue to believe that we are poised to inflect to positive comparable...

retaildive | January 04, 2019

Foot Locker announced Thursday that it has taken a minority stake in Super Heroic, a children's athletics startup that makes footwear, clothing and accessories, according to a company press release. The athletics retailer invested $3 million in a Series Seed II investment for the younger company, bringing Super Heroic's total capital raised to $10 million since its founding in 2016, per the release. Foot Locker Inc. will also serve as a board advisor to Super Heroic, "partnering wit...

retaildive | January 24, 2019

Foot Locker on Wednesday unveiled its newest store model, dubbed the "Power Store," on 8 Mile Road in Eastpointe, Michigan, just outside of Detroit, according to a company press release.The more than 8,500-square foot space features a women's shop-in-shop and a Kids Foot Locker. The company currently operates "Power Stores" in England and Hong Kong. It's expected to open more than a dozen such concept stores in 2019, including in Los Angeles, New York and Philadelphia...

retaildive | January 23, 2019

Adidas and Foot Locker on Tuesday said that beginning this month, they will co-create consumer-inspired Adidas Made For (AM4) shoes across the U.S. at various cultural events and sport moments throughout the year. It's the brand's first retail partnership in the AM4 effort, according to a press release from the companies.The effort leverages Adidas' robotic Speedfactory manufacturing, a "digital production process that can create limited runs of shoes with designs sourced from c...