Foot Locker's Results Will Reveal What’s Next For Sneaker Sales
Foot Locker's earnings should provide more signs as to the extent of the slowdown in consumer spending on retail.
Foot Locker's (FL) - Get Report earnings should provide more signs about the extent of the slowdown in consumer spending on retail. Jharonne Martis, Director of Consumer Research at Thomson Reuters says Foot Locker has been introducing new products at lower prices to try to entice hesitant consumers. Martis does expect overall footwear sales to pick up later in the year. TheStreet's Rhonda Schaffler has details from Wall Street.
