foot locker

Foot Locker Appoints Former Nike Executive to Lead WSS Banner

by Katie Lee May 8, 2023

New York City — Foot Locker, Inc., a leading footwear and apparel retailer, has appointed Blanca Gonzalez as senior vice president and general manager of its WSS banner, effective May 15, 2023. WSS is best known for its neighborhood-based store presence and deep connection within Latino communities. Gonzalez joins Foot Locker from Nike Inc., where she served as vice president of North America product merchandising and brings more than 19 years of experience across various Nike leadership roles in marketing, merchandising and sales. Gonzalez will report directly to Frank Bracken, …

May 8, 2023

News people retailers

Academy Sports + Outdoors Plans Leadership Succession

by Katie Lee April 27, 2023

Katy, Texas — As a result of a planned succession process, the following changes to the executive leadership team of Academy Sports and Outdoors, Inc. will be effective as of June 1, 2023. Ken C. Hicks, chairman, president and CEO, will transition to executive chairman of the board. Steven (Steve) P. Lawrence, executive vice president (EVP) and chief merchandising officer (CMO), will become CEO and a member of the board; he will continue to serve as CMO until a successor is appointed. Michael P. Mullican, EVP and chief financial officer, …

April 27, 2023

News retailers

Foot Locker to Close More Than 400 Stores

by Katie Lee March 23, 2023

New York City — Foot Locker will close more than 400 underperforming stores as part of its “Lace Up” plan, announced during the company’s 2023 Investor Day call. According to Tony Aversa, senior vice president of global store development, the move is part of a strategy to manage portfolio risk by way of strategic closures. The company currently operates 2,700 locations, which will be reduced to approximately 2,400 by 2026, a number which also reflects the planned addition of stores in new formats. Despite the closures, Foot Locker intends to …

March 23, 2023

green news News retailers

Foot Locker, Inc. Opens State-of-the-Art, Sustainably Built Distribution Center

by Katie Lee November 18, 2022

New York City — Foot Locker, Inc., a New York-based specialty athletic retailer, has opened a new, state-of-the-art distribution center in Reno, Nev. The more than $40 million, 465,000-square-foot facility will enhance Foot Locker’s distribution capabilities by handling more than 20 million units and serving over 300 stores on the West Coast. The facility will also create greater cost efficiency and cut shipping times within the region by more than 50%. As part of Foot Locker’s environmental, social, and governance (ESG) strategy, the facility also integrates sustainable elements, including reclaimed …

November 18, 2022

News people retailers

Foot Locker Chairman & CEO to Retire; New CEO Named

by Katie Lee August 22, 2022

New York City — As part of a planned succession process, Richard A. Johnson will retire as president and chief executive officer of Foot Locker, effective September 1, 2022. Mary N. Dillon, former executive chair and CEO of Ulta Beauty, Inc., has been appointed president and chief executive officer and a member of the Foot Locker board, also effective September 1, 2022. Johnson will continue as executive chairman of the board through January 31, 2023, and will step down from the board at that time, subsequently remaining with the company …

August 22, 2022

green news News retailers

Foot Locker, Inc. Aims to Achieve Net Zero GHC Emissions by 2050

by Katie Lee March 25, 2022

New York City — Foot Locker, Inc., the New York-based specialty athletic retailer, aims to achieve net zero greenhouse gas (GHG) emissions by 2050 or sooner, in alignment with climate scientists’ recommendations to transition toward a net zero state and avoid the worst impacts of climate change. This ambition marks an important milestone in the company’s environmental, social and governance (ESG) journey. Answering the call to limit the global temperature rise to 1.5°C, as well as feedback from stakeholders, the company commits to setting a science-based target in line with …

March 25, 2022

News retailers

Foot Locker, Inc. Completes Acquisition of West Coast Retailer WSS

by Katie Lee September 20, 2021

New York City — Foot Locker, Inc., the New York-based specialty athletic retailer, has completed its acquisition of Eurostar, Inc. (WSS), a U.S.-based athletic footwear and apparel retailer that primarily operates on the West Coast, for $750 million in cash, subject to customary adjustments. “WSS is a highly complementary addition to our portfolio, and we are excited to officially welcome its team to the Foot Locker family,” says Richard A. Johnson, chairman and chief executive officer of Foot Locker. “WSS brings an expanded and differentiated customer base rooted in the …

September 20, 2021

construction and design News retailers

Foot Locker Expands Community Power Store Concept to Canada

by Katie Lee November 21, 2020

Vancouver, B.C. — Foot Locker has opened its first Canadian community power store in Vancouver, British Columbia. A second community-based power store will open in Toronto, Ontario, in early December. The Vancouver and Toronto locations follow successful openings of power stores in Detroit, Philadelphia, New York, London, Compton, Calif., Liverpool and Hong Kong. “We are so excited to bring our power store model to Canada over the next two months,” says Richard McLeod, vice president of marketing for Foot Locker, North America. “Although the shopping experience is different with current guidelines, …

November 21, 2020

News retailers

Foot Locker Opens its First Power Store on the West Coast

by Katie Lee August 27, 2020

Los Angeles — Foot Locker has opened its first West Coast community-based power store in Compton, Calif. The new 12,800-square-foot store — which opened on Aug. 26 — offers an elevated retail experience, including full-family shopping with exclusive product, custom store artwork by local artists, a curbside pickup window and an activation space that will host ongoing community events for the sneaker-obsessed. “As part of our commitment to bring the best localized expression of Foot Locker to consumers, we are excited to expand our power store model to the West Coast …

August 27, 2020

News retailers

Foot Locker Unveils Washington Heights Community Power Store

by Katie Lee August 9, 2019

New York City — On August 9, 2019, Foot Locker opened a community-based Power Store in the Upper Manhattan neighborhood of Washington Heights. The new store features a full suite of immersive capabilities for consumers to experience, including an activation space on the second floor. The 9,000-square-foot store is also the first among Foot Locker stores to showcase Nike App at Retail digital technology, bringing consumers digitally-led experiences and services in-store through the Nike App. “The launch of the Washington Heights Community Power Store serves as an opportunity for us …

August 9, 2019

Newer Posts

Older Posts