Foot Locker (FL) to Gain From Lace Up Plan, Market Adaptation

Foot Locker, Inc. (FL) emphasized its strategic ‘Lace Up’ plan, focusing on enhancing the omnichannel experience, expanding sneaker culture, transforming its portfolio and deepening customer relationships.This initiative is a critical component of the company's strategy to simplify business operations and establish itself as a leading omnichannel retailer in the sneaker and sneaker culture markets. The plan also includes expanding the new store formats to represent 20% of the global square footage by fiscal ...