In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Thus, much of Foot Locker’s growth is playing catch up. I doubt the growth can continue if it returns to post pandemic levels. Remember, the Retail Apocalypse is still out there and the great plague known as Amazon (AMZN) is still on the march.
Consequently, Foot Locker is the third largest standalone shoe retailer in the United States, Ranker estimates. Hence, Foot Locker’s exposure to the retail apocalypse and Amazon is great. The company owns thousands of stores that sell products, Amazon can easily offer.
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