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(Marketwatch)   Foot Locker 1Q earnings exhibits fallen arches   ( marketwatch.com) divider line
    More: Fail, Income, FactSet consensus, Revenue, Foot Locker, Foot Locker Inc., Income tax, goods retailer, sporting goods retailer  
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298 clicks; posted to Business » on 19 May 2017 at 1:17 PM (26 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



7 Comments     (+0 »)
 
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2017-05-19 10:22:17 AM  
Wait.....you mean not everyone is willing to shell out $150 for a pair of crap pleather sneakers?
 
2017-05-19 11:45:41 AM  
Foot locker is what Woolworths became. Dad never would let us go to either because of Woolworths knowingly buying from the Nazi's during the war, giving them currency. Small items were smuggled out labeled as Swiss.
 
2017-05-19 02:13:48 PM  
That's because the BBB shoes didn't hit until the Q2.
 
2017-05-19 03:22:06 PM  
So basically Foot Locker is blaming their bad results on poor people (those who depend on the earned-income tax credit) getting their tax refunds later this year...
 
2017-05-19 03:22:23 PM  

Beerguy: Wait.....you mean not everyone is willing to shell out $150 for a pair of crap pleather sneakers?


This.  $80 for a pair of kids shoes.  Yeah right.  $150 for the latest <NBA player> shoes.  Uhh, no thanks.  I'll just got to Big 5 for a great pair of $40 running shoes.
 
2017-05-20 02:31:41 AM  
Did they stop accepting EBT cards for shoes?
 
2017-05-20 02:47:27 PM  
I went in there looking for running shoes and my choices were Nike, Nike, or basketball shoes.
 
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