Foot Locker stock took a 30% drop after its Q2 earnings call revealed slow sales which the retailer blamed on "Ongoing consumer softness".
Retail Apocalypse Claims Another Store As Forever 21 Preps For Bankruptcy As Amazon and other online commerce continues to dominate the marketplace, the retail apocalypse continues to claim business after business, making bankruptcy and established stores closing their doors seem like the norm. Carol’s Daughter, Victoria’s Secret, Payless, and more have all fallen in the […]
