Wednesday, August 9, 2017

Analysis Shows Foot Locker Can Stand Its Ground Against Amazon

Analysis Shows Foot Locker Can Stand Its Ground Against AmazonFoot Locker Inc's recent woes may provide a good buying opportunity at current depressed levels. Last week, Barclays noted that if the company were to never grow again, it still would be worth more than its trading at.

Foot Locker shouldn't be concerned by Amazon.com, Inc.  attempted onslaught into the retail footwear industry, because both companies target different segments of the market. Less than 5 percent of Foot Lockers top 200 selling shoes are available on Amazon and footwear giants still want a premium mall presence that Foot Locker provides. Brands continue to allocate their best products for the premium retailer.. . . more

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