Foot 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