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27 Aug Foot Locker’s Q2 Comps Soar 18.6 Percent

Posted at 12:01h in FDRA, Home, Latest News

Foot Locker Inc. reported earnings rose 7.6 percent on an adjusted basis as same-store sales jumped 18.6 percent. Results were in line with a pre-announcement...

27 Aug Analyst: Nike Will No Longer Sell To These Nine Big Retailers

Posted at 11:59h in FDRA, Home, Latest News

Susquehanna International Group said in a note Monday that proprietary checks confirm that Nike will be closing nine wholesale accounts: City Blue, VIM, EbLens, Belk,...

27 Aug Black Diamond Expands Retail Footprint To Park City

Posted at 11:58h in FDRA, Home, Latest News

Black Diamond Equipment (BD), a manufacturer of climbing, skiing and mountain sports equipment, announced plans to expand its retail footprint to Park City, UT and...

27 Aug Foot Locker Opens Community Power Store In Compton

Posted at 11:57h in FDRA, Home, Latest News

Foot Locker announced the grand opening of its first West Coast community-based Power Store in Compton, CA. The 12,800- square-foot store is scheduled for August...

20 Aug Amazon To Hire 3,500 In U.S. Expansion

Posted at 11:26h in FDRA, Home, Latest News

Amazon announced plans to add 3,500 tech and corporate jobs across a half-dozen U.S. cities. The cities include Dallas, Detroit, Denver, New York, Phoenix, and...

20 Aug Kohl’s Looking To Take More Share In Active Post-COVID-19

Posted at 11:24h in FDRA, Home, Latest News

Kohl’s Inc. warned that back-to-school was off to a slow start and a promotional climate is expected for holiday selling. However, the middle-market chain expects...

20 Aug Anta Group Partners With World Wide Fund For Nature (WWF)

Posted at 11:21h in FDRA, Home, Latest News

Anta Group and the World Wide Fund for Nature (WWF) held a signing ceremony at the Group’s operational headquarter in Xiamen, China announcing that Anta...

20 Aug Mint Green Group To Distribute Nike Golf And Tennis In Canada

Posted at 11:20h in FDRA, Home, Latest News

The Mint Green Group announced an exclusive distribution partnership with Nike Canada in golf and tennis. The partnership will enable increased investment in these categories. “Our...

20 Aug Foot Locker Opens Flagship In Singapore

Posted at 11:19h in FDRA, Home, Latest News

Foot Locker Inc. has opened its largest store in Singapore. Located in Orchard Gateway @Emerald, the five-story space with retail over three-levels combines product, in-store...

20 Aug Target Reports Q2 Comps Vault 24.3 Percent

Posted at 11:18h in FDRA, Home, Latest News

Target Corp. reported second-quarter comparable sales grew 24.3 percent, the strongest the company has ever reported. Store comparable sales increased 10.9 percent. Digital comparable sales grew...