Big city malls the future for Klepierre in battle with online [Yahoo! Finance Canada]
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
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Source: Yahoo! Finance Canada
(Reuters) - Mall operator Klepierre is focusing on Europe's most dynamic and affluent big cities and offering experiences beyond shopping to compete with fast-growing online retailers, its chairman Jean-Marc Jestin told Reuters on Tuesday. Shein, which sells in more than 150 countries online, has emerged as a major player and accounted for nearly 20% of the global fast-fashion market in 2022, outpacing Inditex's Zara and H&M, both Klepierre tenants. "I don't believe in the disappearance of physical retail ... but rather in a concentration, and so all our work has been to concentrate on the big cities, the big shopping centres, which are the most dynamic," Jestin said in an interview. ADVERTISEMENT Klepierre's tenants, which also include LVMH-owned cosmetics retailer Sephora, Tommy Hilfiger, Lacoste and Apple, look for more glamorous and tech-savvy shopping centres, with restaurant and entertainment offerings, while also developing online services, he said. Among the attract
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FL
News
- Foot Locker Still Has Hurdles To Clear As Collectors Get Cash Strapped [Forbes]Forbes
- Foot Locker, Inc. (NYSE: FL) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $25.00 price target on the stock.MarketBeat
- Foot Locker, Inc. (NYSE: FL) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Dr. D'Wayne Edwards Was Rejected From Foot Locker 8 Times. Now He's One of the Retailer's Key Partners [Yahoo! Finance]Yahoo! Finance
- Robbery suspect pulled out of bush after LA County deputies search neighborhood [CBS News]CBS News
FL
Earnings
- 5/30/24 - Beat
FL
Sec Filings
- 6/14/24 - Form 4
- 6/12/24 - Form 10-Q
- 5/30/24 - Form 8-K
- FL's page on the SEC website