Foot Locker’s forecasts get a boost as big discounts bump holiday sales – ET Retail
Foot Locker‘s steep discounts powered a solid start to the retailer’s holiday season sales and prompted it to tighten its annual profit and sales expectations, sending its shares surging as much 22% on Wednesday. More than 200 million shoppers made purchases both in-store and online during the Thanksgiving weekend, the National Retail Federation said on…